$244 Million Bitcoin Whale Moves as Price Drops

A crypto whale has moved a significant amount of coins despite Bitcoin’s price decline.

According to blockchain analytics platform Lookonchain, a Bitcoin whale withdrew 400 Bitcoin worth $23.9 million from the Binance exchange.

It was reported that this whale withdrew 800 Bitcoin from Binance again last week. The same name sold 4,556 Bitcoin worth $302.3 million between March 15-22.

According to CoinGecko data, Bitcoin has lost more than 5% on a daily basis and is trading just above $59,800.

According to Lookonchain, the whale still has 4,83 Bitcoin worth $244 million in its wallet.