Large withdrawal of $50 million Bitcoin from Binance raises concerns about market volatility

From Investing.com

May 5, 2025 11:00 AM:

A new whale has withdrawn $50 million worth of Bitcoin from Binance, causing a stir in the cryptocurrency market. The massive transaction has raised concerns about market volatility and the potential impact on Bitcoin prices. Binance, one of the world’s largest cryptocurrency exchanges, is closely monitoring the situation to ensure market stability.

Read more at Investing.com: New Whale Empties Binance for $50 Million Bitcoin