According to Lookonchain, a major Bitcoin whale identified as bc1q5r has withdrawn another 700 BTC, valued at $75.39 million, from Binance within the last two hours. This increases the whale's total holdings to 1,900 BTC, or approximately $204 million (source: Lookonchain via Twitter, June 9, 2025). Significant withdrawals from centralized exchanges like Binance often indicate a move towards long-term holding or strategic positioning, which can tighten circulating supply and potentially support Bitcoin price stability or upward movement in the short term. Traders should monitor on-chain activity closely, as large whale actions can signal market sentiment shifts and influence liquidity and volatility in the cryptocurrency market.