Bitcoin whale Garrett Bullish deposits 5,000 BTC valued at $335.75M to Binance

A massive Bitcoin whale, reportedly identified as Garrett Bullish, deposited 5,000 BTC, valued at approximately $335.75 million, to Binance. This substantial deposit occurs in a market environment where large whale movements to exchanges like Binance are often viewed as a precursor to potential selling pressure, prompting discussions among traders about upcoming trading or liquidation events. Binance remains a dominant player in Bitcoin trading, capturing significant portions of both spot and derivatives markets.

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