According to Onchain Lens on February 14, a wallet address associated with the so-called BTC OG whale recently transferred 5000 BTC to Binance, valued at approximately $348.82 million.
This large transfer immediately attracted widespread attention within the industry. Given the whale’s past transactions often coincided with major market shifts, its movements are now seen as a potential market indicator.
Analysts suggest the deposit might signal a strategic portfolio adjustment or hint at an upcoming market fluctuation.