#Binance Massive Withdrawals#
Hot Topic Overview
Overview
Recently, there has been a massive withdrawal of Bitcoin from the Binance platform, with multiple whales and institutions accumulating Bitcoin. According to monitoring data, two newly created wallets have withdrawn over 261 Bitcoin from Binance's hot wallet in the past 13 hours, with a total value of approximately $25.9 million. One address withdrew 161.077 Bitcoin 3 hours ago, while another address withdrew 100 Bitcoin 13 hours ago. This phenomenon has attracted market attention, with many speculating that institutional investors may be engaging in large-scale Bitcoin buying operations.
Ace Hot Topic Analysis
Analysis
Recently, Binance platform has witnessed a massive withdrawal of Bitcoin, attracting market attention. According to blockchain data analysis platform Lookonchain, two newly created wallets have withdrawn over 261 Bitcoin from Binance's hot wallet in the past 13 hours, with a total value of approximately $25.9 million. Among them, an address starting with "bc1qd8" withdrew 161.077 BTC three hours ago, while another address starting with "bc1qz7" withdrew 100 BTC 13 hours ago. This phenomenon is interpreted as whales and institutions accumulating Bitcoin, as the Bitcoin price has recently returned to $99,000, and market sentiment is relatively optimistic.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Institutions and whales are actively accumulating Bitcoin
Bitcoin price rebounded to near $99,000
Binance saw a large amount of Bitcoin withdrawals
The withdrawal address is a newly created wallet, which may be an institutional or whale account