Whales Withdraw 2,000 Bitcoin Worth $220M from Binance in 2 Hours
- Approximately 2,000 Bitcoin, valued at around $220 million, were withdrawn from Binance within a two-hour period.
- The withdrawals were executed by newly created wallets, indicating a shift toward self-custody among large holders.
- This activity reflects an ongoing trend where major holders remove Bitcoin from exchanges like Binance and OKX during price dips for accumulation purposes.
In a significant move, large Bitcoin holders withdrew approximately 2,000 Bitcoin worth $220 million from Binance in just two hours. This action highlights a growing trend towards self-custody among big holders as they continue to pull assets off exchanges during market dips.
Source (3.2)https://cryptobriefing.com/whales-withdraw-2000-bitcoin-220m-binance/?rand=59535
