New Address Withdraws 810.3 BTC from Binance, Worth Over $54 Million

News Editor

2026-06-03 03:00:50

Onchain Lens detected a new address withdrawing 810.3 BTC from Binance, worth approximately $54.11 million.

BitcoinWhaleOn-chain DataBinance

According to ChainCatcher, on-chain monitoring by Onchain Lens spotted a newly created address withdrawing 810.3 bitcoins from Binance via multiple wallets. At the prevailing market price, the withdrawn BTC totaled roughly $54.11 million.

Such large-scale on-chain transfers are typically interpreted as significant whale movements. Binance, being one of the world's largest cryptocurrency exchanges, often sees its large withdrawals closely tracked by blockchain analytics tools.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

400

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.