Bitcoin whale loses $13 million in 6 days, withdrawing $188.7 million from Binance, signaling market uncertainty.

From Investing.com

January 13, 2025 12:30pm:

A mysterious crypto whale made a round trip with 1,850 BTC, losing $13 million in just six days. The whale withdrew $188.7 million from Binance at $101,998 and redeposited the same amount at a lower price of $94,963, signaling market uncertainty.

Bitcoin price dropped 3.40% to $91,000 amid a $479 million sell-off. After hitting highs of $95,900, the price fell sharply. This week’s economic data will provide clarity after strong jobs data last week. Concerns about the Federal Reserve’s response to the report cast doubt on further rate cuts.

Read more at Investing.com: 1,850 Bitcoin Stun Binance in Surprising Whale Move: Details By U.Today