Bitcoin (BTC) price experienced a brief surge above $107,000 before slipping back below $105,000. Despite the lack of sustained recovery, significant whale activity has emerged. Notably, large entities have sent over 19,500 BTC to Binance, totaling approximately $2 billion, according to CryptoQuant findings. This shift in activity coincides with a notable surge in miner transactions to the exchange, further fueling market uncertainty regarding Bitcoin’s price trajectory. 2023 has seen several noteworthy exchanges of Bitcoin between miners and exchanges, indicating potential shifts in their strategies amidst macroeconomic pressures and regulatory uncertainties.