According to Lookonchain, a major whale deposited 700 BTC (worth $72.72 million) to Binance just 25 minutes ago, significantly increasing potential sell-side pressure. The whale still holds 4,500 BTC ($467.3 million), indicating possible further large-scale movements. Traders should closely monitor order book depth and spot market volatility, as such large deposits often precede heightened price swings or liquidation events (source: Lookonchain/x.com/lookonchain/status/1924082358858473930). This deposit could impact short-term Bitcoin price action and potentially influence sentiment across the broader crypto market.