Whale Movement: New Wallet Withdraws 1,350 BTC Worth $81.87M from Binance

Whale Movement: New Wallet Withdraws 1,350 BTC Worth $81.87M from Binance

N
News Editor
2026-06-28 06:01:37
According to Onchain Lens monitoring, a newly created wallet address withdrew 1,350 Bitcoin (worth approximately $81.87 million) from Binance exchange. This large withdrawal may signal accumulation by a whale or an OTC trade. The market is watching for further on-chain moves.
BitcoinBinanceWhaleLarge WithdrawalOnchain LensOn-Chain Monitoring

According to on-chain monitoring platform Onchain Lens, a newly created wallet address has withdrawn 1,350 Bitcoin from Binance exchange, valued at approximately $81.87 million at current market prices. The large withdrawal occurred on June 28, 2026, and the on-chain records show that the wallet had no prior transaction history. Whale-level withdrawals are often interpreted as signals of institutional accumulation or over-the-counter (OTC) trading activities. Market participants should remain alert to potential supply changes. As of press time, the funds have not been moved further.

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