Bitcoin 10,015 BTC worth $370Mil transferred today to Coinbase !

٢٧ نوفمبر ٢٠٢٣

If you haven`t sold the Head and Shoulders scenario:

Or reentered this BTC dip:

The you need to know that today 10,015 Bitcoins worth about 370Mil were transferred from Unknown Wallet to crypto exchange Coinbase!

Is CZ Binance ready to sell his Bitcoin?

Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.

The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!

The question arises: from where will these substantial funds be derived?

One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.

Among the tokens impacted is BTC Bitcoin.

I've set a short-term price target for BTC Bitcoin at 30K.

Looking forward to read your opinion about it!