Over 550K BTC Sent to Binance and OKX Deposit Addresses Amid Bitcoin’s $60K Retest: CryptoQuant
Over 550K BTC Sent to Binance and OKX Deposit Addresses Amid Bitcoin’s $60K Retest: CryptoQuant According to CryptoQuant analyst Darkfost, more than 220,000 BTC and 330,000 BTC were transferred to deposit addresses linked to Binance and OKX, respectively, as Bitcoin retested $60,000, marking the highest such activity since the 2023 bear market. The elevated transfers to exchange deposit addresses may signal increasing potential sell-side pressure, though they do not necessarily represent completed sales. — link
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