Summary
- According to Onchain Lens, a Bitcoin whale withdrew 1,042.5 Bitcoin worth about $72.89 million from Binance.
- The whale's wallet also recently withdrew another 742.5 Bitcoin worth about $51.48 million, bringing its current holdings to 1,410 Bitcoin worth about $97.81 million.
- Large Bitcoin withdrawals from exchanges to private wallets are often interpreted as an accumulation signal for long-term holding, though it has not been confirmed whether the withdrawals were tied to actual buying or what the purpose of the withdrawals was.
Forecast Trend Report by Period
A Bitcoin whale has withdrawn about $73 million of Bitcoin from Binance.
Onchain Lens said on November 13 that the whale withdrew a total of 1,042.5 Bitcoin, worth about $72.89 million, from Binance over the past 19 hours.
The wallet had also recently withdrawn 742.5 Bitcoin worth about $51.48 million.
The whale now holds about 1,410 Bitcoin, valued at roughly $97.81 million.
Large Bitcoin withdrawals from exchanges to private wallets are often interpreted as a sign of accumulation for long-term holding. However, it has not been confirmed whether the withdrawals were tied to actual purchases or what their purpose was.
Uk Jin
