not sure he's selling it if it's the pope, maybe he wants to buy a project on behalf of Defi or some other popular token, but maybe he's just securing his money in a big exchange for fear of a problem with his wallet address, I'd like to see the bitcoin price drop like that you say, does bitcoin still have time to fall again
Or maybe He just trusted binance now thats why He transferred The amount to the exchange ?no one really knows though maybe He is making ready to Buy altcoins soon?
anyway let us not exaggerate the situation since we only have Transfer here and not exactly selling or withdrawal.
4500 bitcoins is a lot, but it could not be a dump for bitcoin prices. It could be to buy some alts that are on Binance. We know there have been some alts that have been hype lately. But it is undeniable that bitcoin is down too, but for reasons of falling prices maybe bitcoin is making a price correction.
Maybe to Defi as well?there are so many things that may come to this 4500 Bitcoin and telling that this isnot enough to make Market dump?of course it is now,look at the effect after this news happen.