New Wallet Withdraws 533 BTC Worth About $33.4 Million From Binance

New Wallet Withdraws 533 BTC Worth About $33.4 Million From Binance

N
News Editor
2026-06-19 09:00:52
According to ChainCatcher, citing Onchain Lens monitoring, a newly created wallet withdrew 533 BTC from Binance, worth about $33.4 million. The funds may be related to the Bhutan government, but the attribution has not been officially confirmed.
BTCBinanceOnchain LensWhale MovementBhutan Government

ChainCatcher reported, citing monitoring by Onchain Lens, that a newly created wallet address withdrew 533 BTC from Binance. Based on the figures in the report, the transaction was valued at approximately $33.4 million. The movement was described as a large on-chain transfer involving a newly created receiving wallet and funds withdrawn from Binance.

Withdrawal Amount Matches a Deposit Recorded Two Days Earlier

According to the same report, the funds may be related to the Bhutan government because the withdrawal amount matches the amount that a related address deposited into Binance two days earlier. The available information points only to the matching amount described in the monitoring report. No additional transaction hash, full address path, or further address details were provided in the news item.

As of the publication of the ChainCatcher update, the attribution has not been officially confirmed and still requires further verification. For that reason, any connection between the newly created wallet and the Bhutan government should be treated as unconfirmed and based solely on the monitoring information cited in the report.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
800

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.