Post
Topic
Board Bitcoin Discussion
Re: A whale transferred 4,500 bitcoins to Binance; Is the price drop close?
by
Krislaw
on 30/08/2020, 21:10:43 UTC
A whale has transferred 4,500 bitcoins, equivalent to $ 50 million, from its wallet to Bainance Exchange. No information is available on the identity of this whale and its intention to carry out this transaction.
I don't don't think wallets transaction should be our worries here.
Agree that we can monitor transactions on blockchain but the purpose of decentralization becomes off when we try to investigate owner of wallets that performs huge transactions on the chain. Apart from that, the owner can do whatever he/she likes with the coins.