Events around the world’s largest cryptocurrency by market cap, Bitcoin seems to swing uncontrollably. As a result, there has been a drastic drop in price in the entire crypto market, with Bitcoin unable to maintain its stronghold. This is contrary to the expectations of many institutional investors and other participants in the industry. BTC had plummeted to $20K over the past few weeks. With increasing volatility of all digital assets, the total crypto market cap plunged to the $1 trillion level. But though there is still not much hope for positive outplay for Bitcoin, the record of its miner-to-exchange transaction is quite massive. Related Reading: CAKE Sets Sights For $5 After More Than 7 Million Tokens Are Sent To A Fiery Death Miners Send Large Amount Of Bitcoin To Binance According to a source, a BTC miner transferred up to 4,400 BTC to Binance, the global leading crypto exchange. The transaction, whichit’sk place some days ago, has spiked a mixed reaction in the industry. Reporting on this transaction, a CryptoQuant analyst noted that it’s the 4th largest transaction over the past two months regarding miners to exchanges transfers. Also, the analyst stated that the transaction came from Poolin, a top Bitcoin mining organization. Blockin developed Poolin. Its function as a crypto mining pool is prominent due to some unique features and functions. Besides its wide range of helpful mining tools, Poolin ...
