Bitcoin Whale Deposits 5,000 BTC to Binance Ahead of U.S. Macro Data

A Bitcoin whale moved 5,000 BTC to Binance ahead of a key U.S. macro data release, signaling possible selling pressure as inflation and Fed expectations shift.

Rich by Coin

2026-02-20

A Bitcoin whale deposited 5,000 BTC into Binance about 10 minutes before the macro data release. LookOnChain reported the move on X, noting that exchange deposits are typically seen as steps to liquidate holdings. The transfer suggests potential selling pressure ahead of the data.

On the data front, the December core Personal Consumption Expenditures price index rose 3.0% year over year, beating expectations. Such hotter-than-expected inflation reduces the likelihood of imminent Fed rate cuts and could dampen risk appetite, including for cryptocurrencies.