Thank you for this nice post, it's refreshing to see such a well structured and informative writing. And where does Binance have all this BTC's? I mean, their main business is running the exchange, how come they have soooo many liquid BTC to sell?
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Binance is the nr 1 exchange in crypto, obviously they have accumulated a lot of money doing this service and, at the same time they have earned a lot from investors and also by its own miners
I know that, of course but still - 5 billion dollars is way too much money, and why are they selling in the first place - taxes maybe one reason. However thank you, will look into it soon :)