Whale Dump: Bitcoin Flash-Drops by $500 Following a Single 6,500 BTC Binance Sell Order

A whale has placed a limit sell order of 6,500 BTC which lowered Bitcoin’s price to $12,100 on the world’s leading cryptocurrency exchange, Binance. Attesting to the seriously bullish sentiment in the market, the order has already been entirely filled.

Whale Dumps 6.5K BTC On Binance

A massive sell order of 6,500 BTC was placed on Binance with the lowest fill price being $12,100. While this caused a serious drop in the price of the cryptocurrency, which fell from $12,600 to $12,100 in less than 15 minutes, the order has already been filled in its entirely and the price had started to recover at the time of writing.

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