According to Lookonchain, a major Bitcoin whale withdrew 1,200 BTC, valued at $130.62 million, from Binance approximately 40 minutes ago (source: Lookonchain via Twitter, May 28, 2025). Large-scale withdrawals like this often signal potential accumulation or long-term holding strategies, which may reduce immediate selling pressure on exchanges and tighten BTC liquidity. Traders should monitor price volatility and order book depth, as significant outflows from Binance could influence short-term Bitcoin price action and broader crypto market sentiment.

According to Lookonchain, a major Bitcoin whale recently withdrew 1,200 BTC, valued at $130.62 million, from Binance approximately 40 minutes ago (source: Lookonchain via Twitter, May 28, 2025). Such large-scale withdrawals typically indicate a move toward long-term holding or off-exchange custody, which can reduce immediate selling pressure on the market. Historically, significant outflows from exchanges like Binance have been associated with bullish sentiment among institutional investors. Crypto traders should monitor this address and overall BTC outflow trends, as sustained withdrawals may signal upward price momentum in the near term (source: intel.arkm.com/explorer/address).

According to Lookonchain, a major whale withdrew 2,218 BTC valued at $226.75 million from Binance and Kraken in the past three hours, as verified by intel.arkm.com. This significant outflow from centralized exchanges typically signals reduced short-term selling pressure, which traders often interpret as a bullish indicator for Bitcoin price action. The movement of such a large amount of BTC off exchanges is closely watched by the crypto market, as it can impact liquidity and potential volatility in the near term. Source: Lookonchain (twitter.com/lookonchain/status/1923003253295284696), intel.arkm.com.

According to The Data Nerd, a significant whale identified as bc1qr withdrew 821 BTC ($85.42 million) from Binance just 20 minutes ago, accumulating a total of 1,721 BTC ($179.17 million) over the past two days at an average entry price of approximately $104,108. Onchain data shows this strategic accumulation from a major exchange, often interpreted by traders as a bullish signal for Bitcoin price action and potential institutional confidence. Such large-scale withdrawals can reduce immediate sell pressure on exchanges, possibly supporting upward momentum in the crypto market. (Source: The Data Nerd, Twitter, May 12, 2025)