According to Lookonchain, two newly created wallets have withdrawn a total of 800 BTC, valued at $84.2 million, from Binance within the past three hours (source: Lookonchain via Twitter, May 30, 2025). Large-scale Bitcoin outflows from exchanges like Binance often indicate increased institutional interest or long-term holding strategies, which can reduce available supply and potentially drive up price volatility. Traders should monitor these wallet movements closely, as similar outflows in the past have preceded significant price action in the Bitcoin market (source: Lookonchain; intel.arkm.com/explorer).