TREE NEWS reports: A single wallet withdrew a further 742.5 BTC, about $51.48 million, from Binance, bringing its total withdrawals from the exchange to 1,042.5 BTC, roughly $72.89 million, over the past 19 hours. The wallet now holds about 1,410 BTC, valued at approximately $97.81 million.
Whale Withdraws 1,042.5 BTC Worth $72.89M From Binance in 19 Hours
Related Coin Charts
AI take
Large single-wallet withdrawals from Binance are a familiar pattern in crypto markets, but the scale here — over 1,000 BTC moved out in under a day and still held rather than redistributed — points to accumulation behavior rather than exchange-to-exchange routing. What matters is whether this is one entity repositioning or a broader shift of coins off centralized venues, since sustained outflows can tighten available exchange liquidity. The open question is whether the wallet continues drawing down Binance or stalls at its current balance.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
2h ago
Trader 48ClubIan’s 30-Day Losses Top $91M After Another $20M Hit
3h ago
Forward moves $130M in SOL to Coinbase Prime
3h ago
DeFi Platform Vestige to Shut Down Dec. 31
3h ago
Kava Lend Attacker Borrows 55.2M KAVA via Inflated BUSD Market, Sells $2.09M
3h ago
USDC Treasury Mints 250M USDC on Solana
4h ago
Kava Lend loses roughly $3.8M to hack, KAVA token falls nearly 40%