Whale Address 3NVeXm Deposits 2,035 BTC ($135.23M) to Binance
A prominent Bitcoin whale address, identified as 3NVeXm, recently executed a substantial transfer, depositing 2,035 BTC, equivalent to approximately $135.23 million, to the Binance cryptocurrency exchange. This movement, reported by an original source, represents another large-scale Bitcoin inflow from this specific address to a centralized exchange. Such significant transfers from whale addresses to exchanges are closely monitored by market analysts. While not definitive, large inflows can sometimes precede increased selling pressure or other notable market activities, indicating potential shifts in large holder sentiment and market dynamics. The consistent pattern of transfers from this address suggests ongoing strategic movements by a major holder.