$121,000,000 Bitcoin surprises Binance, the world’s biggest exchange

The well-known Blockchain Tracker Whale Alert, which monitors large cryptocurrency transfers and shares details with the community on its website or X handle, has discovered a massive transaction targeting Binance, the world’s largest exchange.

This coincided with Bitcoin price rising by more than 2%, surpassing $106,000 for the second time this week.

1,140 Bitcoins were deposited and deposited

The aforementioned on-chain data source revealed two large Bitcoin transactions carrying 500 and 640 BTC. The transfer was made from one wallet, and its owner chose to remain anonymous within the gap of about an hour. In total, the whales deposited 1,140 BTC on the binance. That amounted to about $121 million for Fiat.

Bitcoin prices surged 2.6% from $103,810, reaching the $106,500 zone, which could indicate an increase in profit-locking whales as BTC showed a massive rise within a day.

Michael Saylor praises this BTC purchase

Recently, prominent angel investor and Bitcoin supporter Anthony Pipriano has announced the launch of Procap BTC, a company powered by the new Bitcoin.

On Tuesday, he spread the word that he had bought 3,724 Bitcoin worth $396,482,735 at the time of writing, after raising $750 million to acquire BTC shortly after the new venture’s $1 billion merger. This is about half the amount sourced by Procap BTC.

Michael Saylor left an approval commentary based on Pulliano’s post, saying, “₿3,724 is a strong start to Procap BTC.” Plus, Pump responded, asking Saylor not to accumulate all the bitcoins remaining in the market, and others said, “Save Bitcoin for the rest of us.”

This Monday, Michael Saylor’s Bitcoin Treasury Company, Strategy, was announced in yet another acquisition of BTC chunks. The weekly purchase comes after the announcement of the $1 billion Bitcoin acquisition last Monday. Currently, the strategy boasts a cryptographic bag worth $63,063,062.