Binance Whale Withdraws 1,456 BTC ($108M)
New wallet pulls 1,456 BTC worth $108.44M from Binance, signaling potential BTC price prediction shifts amid whale activity and on-chain analysis.
SourceA fresh wallet, identified as bc1qlu, yanked 1,456 BTC valued at $108.44M from Binance, per on-chain tracker Lookonchain. This move echoes patterns from last year's major outflows, like the May 2025 Kraken pull that juiced short-term sentiment and fueled upward BTC momentum through rising volumes and institutional buys. Analysts eye these bc1q-style addresses for whale signals, often hinting at accumulation plays that tilt market implications toward bulls in volatile crypto landscapes.
On the 4h chart, BTC trades at $73,858.5 in a bullish structure, hugging above the EMA50 at $72,678.3 and well clear of the EMA200 support at $70,460.82. But the MACD screams bearish with a death cross at 598.6, clashing against neutral RSI at 52.02—price squeezes inside Bollinger Bands, testing upper resistance at $76,157.25 while lower support at $72,006.32 holds firm. Confluence points to choppy action ahead; expect a dip to retest that EMA50 before bulls charge higher, especially if whale flows like this sustain the hype around Bitcoin amid trending buzz on assets like TAO.
Lookonchain
@lookonchainLooking for smartmoney onchain