Latest Update
8/7/2026 7:59:00 AM

Bitcoin: Whales Withdraw 434.87 BTC From Binance

Bitcoin: Whales Withdraw 434.87 BTC From Binance

Bitcoin whales accumulate 434.87 BTC ($27.96M) via new wallet from Binance as on-chain data shows continued large BTC withdrawals from Galaxy Digital and BitGo.

Source

Analysis

Bitcoin whales keep accumulating as another fresh wallet pulled 434.87 BTC worth $27.96 million straight from Binance, extending the pattern of large withdrawals seen from Galaxy Digital and BitGo earlier in the session.

Price sits at $64504.0 inside the Bollinger Bands with upper resistance at $64935.43 and lower support at $63755.91; the bullish EMA structure holds with EMA50 at $64077.06 and EMA200 at $63641.84 acting as concrete floors while RSI at 56.46 stays neutral and the MACD death cross at 200.35 signals short-term caution, pointing to a likely test of the 50-EMA before any continuation higher amid ongoing Bitcoin whale accumulation historical patterns before rallies and the on-chain significance of large BTC withdrawals from Galaxy Digital BitGo.


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