Bitcoin Price Stays Near $81,000 as Matrixport Ships 2,400 BTC to Binance
A wallet linked to BIT, the firm formerly known as Matrixport, dropped another 1,000 BTC worth $81.06 million into Binance on Saturday, its second large deposit to the exchange this week. Key TakeawaysA BIT-linked wallet moved 1,000 BTC, worth $81.06 million, into Binance on Sept. 19, onchain data shows.Matrixport sent 1,400 BTC ($107.8 million) to Binance on Sept. 15, taking the four-day total to 2,400 BTC.Bitcoin is trading a little over $81,000, just under resistance flagged between $81,700 and $83,000. The Wallet in Question The address, which begins with ‘bc1qsz,’ sent the coins to Binance early Saturday, tracker Lookonchain reported. Other outlets carried and printed the same data subsequently, describing it as a wallet “suspected to be related to BIT (formerly Matrixport)” and depositing into Binance again. Anyone can follow the flows on the wallets Arkham page. Matrixport rebranded itself as BIT earlier this year in March. It is a Singapore-based company, started in 2019 by former Bitmain executives, and currently manages more than $6 billion in assets and handles over $7 billion in monthly trading volume. It is also exploring U.S. capital markets options, including a possible public listing. A Four-Day Pattern Saturday‘s transfer was not a one-off move because on Sept. 15, onchain sleuths









