Following Bitcoin’s drop below $ 7,900, Whale Alert, following major movements in blockchains, reported that $ 17.2 million Bitcoin (BTC) was sent to another cryptocurrency exchange OKEx from cryptocurrency exchange Binance.
? 2,194 #BTC (17,254,176 USD) transferred from #Binan by to #okex
Tx: https://t.co/VVOEU8IRoj
– Whale Alert (@whale_alert) March 11, 2020
With the transfer at 15:23, 2 thousand 194 BTC crypto exchanges were transferred from Binance to another cryptocurrency exchange, OKEx. The fact that the transfer took place after the Bitcoin price fell below $ 7,900, was interpreted as a panic sale, causing fear.
On the other hand, the biggest cryptocurrency is trading at $ 7.878 at the time of writing, with a loss of 2.77 percent compared to yesterday.
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