Binance Whales Make Deposits of $50M and $8M — Are They Buying the Dip?

[Rendra808 92]

nowadays there's an boom inside the cost of bitcoin. the top of China supported his phrase on the meeting and those began to shop for bitcoin. one of these strong state went to meet Bitcoin and generic Bitcoin as its brainchild.

[Thekingcallme 1975]

Binance platform has become a major concern for whales because it is considered one of the strong and huge platforms in the field of trading in cryptocurrencies, and this is the reason for the deposit and transfer of whales to their currencies to this platform

[Saj555 2250]

This means they are doing a larger movement in the crypto world. And to make sure this maybe the profits are somehow big on binance. The transfer has made the currencies more fertile i guess. Maybe it will now form a new base for the users so they can add some extra cash. Nice strategy played by the platform i guess. 

[scorpiali 5626]

All investor now move to the binance exchange from other exchange because i  this time the binance have open the margin and future trading and they need money to proceed that,so it's normal to see some big whales in 

[magd 5231]

It is very easy to track these huge transactions, but it is not possible to determine who these are. The whales may make this transfer for personal purposes and are searching for the best way to keep their currencies and continue to make a profit or they have bought a winning deal with Binance

[Honny143 13612]

This type information help the market analysis because big whales playing the game prices pump are dump to help to make profit, because we don't no what the planning to move this huge money in one exchange,but we take some benefits if we understand this games but always put in our eyes in market movement.

[Hfaragon33 29]

Hello, thats whales are the same stablishment my friend, they know CBDC are gonna be the same that fiat, please! The onñy world reserve its btc

[cooperallch 349]

They are very large whales, but I think that not all whales use this amount to buy bitcoin, some should use it to invest in the savings that the exchange offers

[lavdim1 1]

what about if i dont understant cuestion  

[Abdulrahman3 1252]

I think Binance paid them a sum of money for this, because it would greatly benefit from transferring all this money to its wallet because of the commissions that it takes for every sale, purchase or transfer, and because it knows that there are a lot of traders who imitate big whales and do the same.

[duygumtr 24]

Everyone prepare for the best. Maybe this is a sign to start buying stock. I try to mirror the whales, but I don't have whale money. It could be an distraction, and that they could be setting up something more sinister.

We can't just post in the forums, we have to do something about it. Sike! I'm sure it's nothing major, but that is a lot of money deposited. Maybe the whales are Yobit, and they're trying to take over the World.

[David84 1191]

Whales are in complete control of the crypto market , they can change the whole market with a single move, because they have an extremely huge amounts of Bitcoins and a large amount of liquidity too, that is why they can sell out at any time and cause a dump or they can buy with huge amounts and cause a bull, and this is the scariest part about crypto. 

[Emanec 17]

On 10/8/2019 at 12:56 AM, keenvfamily said:

On May 1, one of them, identified under the name Loaded, sent the sum of 189 million euros through the Bitcoin network (40 000 BTC) and paid only 3.50 euros fee (0.00074227 BTC), thanks to the use of a BTC Segwit address..

That's is why the bitcoin payment method if very usefully, because their transactions fees are not depending on the total transaction amount, but the transactions fees are fixed depending on how fast the transaction will be confirmed

[Dorjoy12 8962]

Don't  you think It's  a normal Matter??   Remember  first that binance  now in 1st position  of crypto exchange  market becuase of its facilities  for its user so its normal thing that whales will come here to trade and earn some cool amount..  Even now whales  are deposit  often huge funds on Binance.. 

[kamelq 22]

After what crypto faced in 2020, I guess it was indeed a buy signal back then. BTC and ETH were too low compared to their prices now so whoever bought at that time got a huge profit.

[Sunny7391 55]

This is a good news for those who really want to invest but can't afford high prices but this this will encourage them to invest in it but they should waot some for lower price. I really appreciate it. 

[Shadi29 871]

The process of supply and demand is the one who controls the price of encrypted currencies. When whales automatically request the currency, their price will rise in response to the market, and therefore these whales will benefit from this rise because they are already made by them and when they want to cut, they offer without buying to provide the currency in abundance in the market and these games Merchants always do

[Ayinlek 42]

On 10/7/2019 at 10:55 PM, isaa said:

Whales have just moved over 50M USDT from Huobi and $8M from Bitfinex onto Binance. Many are claiming that this may be a buy signal indicating that the local bottom is in.

It’s not often we hear about millions of dollars worth of cryptocurrency being moved between exchanges. That’s why a recent deposit into Binance originating from Huobi is raising eyebrows. One user has just moved 50,399,967 USDT to Binance, as picked up by Whale Alert (@whale_alert).

https://beincrypto.com/binance-whales-make-deposits-of-50m-and-8m-are-they-buying-the-dip/

This would be nice if it's really true. Alt coins would increase and give us some cool profit. I would also try to confirm this news and check out for myself. Thanks again.