Binance Australia was Selling Very Cheap BTC Last May
Sponsored
Sponsored
The Australian division of Binance, the world’s largest and most popular digital currency exchange, caused analysts and observers to raise eyebrows in the latter half of May when the firm began selling bitcoin at a huge discount. Binance Australia was Practically Giving Away BTC During that time, bitcoin was trading between $27,000 and $28,000 on most platforms, though the Australia division of Binance caught everyone off guard when it began selling units for about 20 percent less. Thus, people could go onto the exchange and purchase a unit of bitcoin for just over $23,000. A Binance spokesperson explained the matter
Crypto exchange Binance has had a tough few months in terms of market news and pressure from regulatory bodies. Just a few days ago, Binance lost another payment processing partner after Checkout.com terminated its contract with the crypto exchange. And now, another rumor that appears to be spreading is that…
On-chain data shows a net amount of Bitcoin has been flowing into Binance for 10 days now, a potential sign that investors have been looking to sell. Bitcoin Exchange Netflow Has Remained Positive For Binance Recently As pointed out by CryptoQuant author Darkfrost in an X post, investors have been…
While Bitcoin (BTC) is having difficulty recovering after the sharp drop below $50,000 in early August due to the decline in global markets, institutional investors continue to sell BTC. While these sales indicate a possible wave of institutional sales, according to Lookonchain’s post, Ceffu deposited $7 million worth of BTC…