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Dormant Bitcoin whale withdraws 1,286 BTC from Binance in 24 hours

NewsFeeds update

Onchain Lens monitoring shows a Bitcoin whale that had been dormant for a year withdrew another 643 BTC, worth about $48.6m, from Binance minutes ago. It has taken out 1,286 BTC, worth about $98.1m, in the past 24 hours.

BitcoinOdailyAIBearish

Read the original on Odaily

The story so far: Large BTC transfers from Binance

Yi He said a Grok Bot estimate of Binance net outflows appeared to count new hot wallet addresses as outflows. Binance has since said CoinMarketCap verified its new addresses and now shows accurate asset data, and invited other platforms to update their addresses.

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. Whale Alert says 5,000 BTC moved from Binance to an unknown wallet

  2. He Yi says address that received 2,000 BTC is a new Binance wallet

  3. Whale Alert says 3,000 BTC moved from Binance to unknown wallet

  4. Yi He says most large transfers moved from Binance cold wallets to new hot wallet

  5. Yi He says new Binance hot wallet addresses may be counted as outflows

  6. Binance moves 21,750 Bitcoin worth $1.69bn between cold and hot wallets

  7. Binance sees $5.82bn net outflow in past 24 hours, DefiLlama data shows

  8. DefiLlama data shows Binance net outflows of $4.91bn in 24 hours

  9. Whale Alert says 3,000 BTC moved from Binance to unknown wallet

  10. Whale withdraws 303.86 BTC worth $23.4m from Binance

  11. Dormant Bitcoin whale withdraws 1,286 BTC from Binance in 24 hours

  12. Yi He says CoinMarketCap has verified Binance's new addresses

More Bitcoin updates

  1. Bitcoin breaks above $76,000, up 0.31% on the day

    BitcoinPANewsAIBullish

  2. Bitcoin and ether funding rates stay neutral as market steadies, CoinGlass data show

    BitcoinChainCatcherAINeutral

  3. Analyst Ai Yi says hacker address's 20x ETH short and BTC long total about $20m

    BitcoinOdailyAIBearish

Every Bitcoin update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.