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A Massive 500 Bitcoin Sell Order Hits Binance For First Time in a While

Claudia Rivera

Summary: Catching bears by surprise, Bitcoin's recent movement up to $9.2k shows off strength amongst Bitcoin's bulls (newsbtc). Whales are fighting against bulls to hold above $9k, one whale put up 500 BTC on Binance which could be behind the cryptocurrency inability to reach stability.  Bitcoin's open interest is beneath $1 billion, this suggests Bitcoin's importance ...

Catching bears by surprise, Bitcoin's recent movement up to $9.2k shows off strength amongst Bitcoin's bulls (newsbtc). Whales are fighting against bulls to hold above $9k, one whale put up 500 BTC on Binance which could be behind the cryptocurrency inability to reach stability. 

Bitcoin's open interest is beneath $1 billion, this suggests Bitcoin's importance to be inbound. Further development will provide clarity on whether the latest rejection of $9.1k will mark a local high.

By Claudia Rivera

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