Binance: 3-Week Wallet Withdraws 650 BTC | Flash News Detail | Blockchain.News
Latest Update
5/20/2026 1:59:00 PM

Binance: 3-Week Wallet Withdraws 650 BTC

Binance: 3-Week Wallet Withdraws 650 BTC

Binance processed 650 BTC ($50.3M) withdrawal from a 3-week-old wallet while BTC trades at $77264.09 with neutral RSI and bullish MACD.

Source

Analysis

Binance saw a 3-week-old wallet pull 650 BTC worth $50.3M in a single transaction.

On-chain data from similar fresh wallets over the past year frequently signals large-scale accumulation ahead of volatility spikes in BTC price prediction cycles.

Technical Confluence: BTC at $77264.09 sits inside Bollinger Bands with price testing near EMA200 resistance at $77380.3 while MACD registers a bullish golden cross at -171.57 and RSI holds neutral at 45.53, suggesting a potential push toward upper band resistance at $78040.53 before any pullback to lower support at $76249.8.


Onchain Lens

@OnchainLens

Simplifying onchain data for the masses