A newly created cryptocurrency address has withdrawn 2,500 Bitcoin (BTC) from Binance, valued at approximately $164 million, according to on-chain monitoring platform Onchain Lens. The address had no prior transaction history and was freshly created.
This large withdrawal is a typical whale movement, with the transaction confirmed on the Bitcoin blockchain. The address currently holds all 2,500 BTC with no subsequent outgoing transactions. The withdrawal reduces Binance's BTC reserves by 2,500 coins. Onchain Lens routinely monitors such large transfers from exchanges, and this transaction is among the larger ones recorded.
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