What happened: An anonymous Bitcoin (CRYPTO: BTC) whale just transferred $106,828,911 worth of Bitcoin off Binance, and the investor then sent these funds to Coinbase.
You can view more details about the transaction here.
Why it matters: Bitcoin “Whales” (investors who own $10 million or more in BTC) typically send cryptocurrency between exchanges when looking for liquidity. If a whale were to sell all of their Bitcoin on one exchange, …
Full story available on Benzinga.com