2,070 BTC ($191M) Transferred from Ceffu to Binance

In Brief

2,070 BTC (~$191 million) was transferred from Ceffu to Binance at 16:15, according to Whale Alert.

The large transaction suggests potential selling pressure or strategic repositioning.

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A significant Bitcoin transaction has been detected, with 2,070 BTC worth approximately $191 million moving from Ceffu to Binance. Large transfers to exchanges often indicate a potential sell-off, strategic reallocation, or institutional activity.

While the reason behind the transfer is unclear, traders are monitoring Binance for increased BTC liquidity, which could influence short-term market movements. If the BTC is sold, it may contribute to downward pressure on Bitcoin’s price.

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