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BTC Whale Deposits $89M USDC on Binance After Closing Short

Slightly negative impact

A Bitcoin whale deposited 89 million USDC on Binance after closing a BTC short position. Open interest for BTC on Binance surged by $510 million shortly after, indicating potential renewed shorting activity.

Price Impact by Token

BTCSlightly negative

Affected Tokens

BTC

Sources

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