Binance has just moved 75,000 Bitcoin, CZ advised traders to "stay calm"

BNB prices continue to set new heights after Binance announced the launch of its sixth IEO

The world's leading cryptocurrency exchange Binance has just made a huge 76,000 Bitcoin (BTC) transaction - equivalent to about $ 470 million, with an amazingly low fee of $ 1.5.

Binance has just moved 75,000 BTC

When the worst is over, we may see another big upheaval, as more eyes are on the Bitcoin being transferred. Recently, Binance officially moved 76,125 BTC with a fee of only 0.00021672 BTC ($ 1.5 USD).

CZ advised everyone to stay calm with the move

Whale Alert's Twitter immediately sent traders a notice of the volatility:

"Short now !!! BTC is about to turn back 3k ”, an account commented.

Accordingly, it is no wonder that the Bitcoin price plummeted quickly after a large amount of Bitcoin entered the exchange.

However, CEO Binance quickly dispelled those concerns. CZ said the "anonymous" wallet is an internal transaction. He also said that 76,000 BTC was to change addresses. Real trading is only 10,000 BTC:

"Whale Alert only creates confusion at the present time, traders need to be calm at this time."

Bitcoin's recent rally is not a real price increase, but people are expecting a rally, even though this is just a move within Binance.

One thing worth mentioning about this transaction is the way it is easily processed and extremely cheap with the Bitcoin blockchain network. This continues to be another example of the convenience of this technology compared to many traditional solutions.

Maybe you are interested:

Join our channel to stay up to date on the most useful news and knowledge at:

According to Coin68 / Bitcoinist
Recompiled ToiYeuBitcoin

Nguyen Diep

My name is Nguyen Manh Cuong. I was born in a poor village in Ba Vi district, HA NOI province - windy and sunny land. Currently

Post a Comment

Previous Post Next Post

Đọc nhiều trong tuần

10 Grands Sites de modèles PowerPoint gratuit
10 Grands Sites de modèles PowerPoint gratuit

PowerPoint est toujours le roi quand il vient à un logiciel de présentation. Il a été autour depuis des siècles et chaque nouvelle version ajoute plus de fonctionnalités et rend …

17 best home jobs in 2020
17 best home jobs in 2020

Earning Money blog access_time April 13, 2020 hourglass_empty 28 least Read Finding work from home is easier thanks to high technology. Not only suitable for tho…

How much RAM is the iPhone 12 Pro?
How much RAM is the iPhone 12 Pro?

The RAM of the iPhone 12 Pro is up to 6GB.
Based on information in the latest Xcode beta from Hiraku, it can be said that both of Apple's new iPhone 12 Pro models have 6GB of R…


JavaScript is a programming language of HTML and WEB. It is lightweight and most commonly used as part of web pages, but their implementation allows Client-Side scripts to interac…