BTC Whale Withdraws 544.25 BTC From Binance After 2 Months Dormant; Wallet Now Holds 552.87 BTC | Flash News Detail | Blockchain.News
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11/20/2025 11:16:00 AM

BTC Whale Withdraws 544.25 BTC From Binance After 2 Months Dormant; Wallet Now Holds 552.87 BTC

BTC Whale Withdraws 544.25 BTC From Binance After 2 Months Dormant; Wallet Now Holds 552.87 BTC

According to @OnchainLens, a dormant BTC whale withdrew 544.25 BTC worth about 49.84 million USD from Binance after roughly two months of inactivity and now holds 552.87 BTC worth about 50.7 million USD at address 124BPp9mTaXxTXiRx8cxEZDd4sGjoxGk9F. Source: @OnchainLens on X, Nov 20, 2025. This reflects a net outflow of 544.25 BTC from Binance by a single address and consolidation of funds in the whale wallet. Source: @OnchainLens on X, Nov 20, 2025.

Source

Analysis

Bitcoin Whale Awakens: Massive Withdrawal from Binance Sparks Trading Speculation

In a notable development shaking the cryptocurrency markets, a dormant Bitcoin whale has resurfaced after two months of inactivity, executing a significant withdrawal of 544.25 BTC, valued at approximately $49.84 million, from the Binance exchange. According to Onchain Lens, this move has left the whale holding a total of 552.87 BTC, worth around $50.7 million as of the transaction time. The address in question, 124BPp9mTaXxTXiRx8cxEZDd4sGjoxGk9F, highlights the kind of large-scale on-chain activity that traders closely monitor for potential market signals. Such whale movements often precede volatility in BTC prices, as they can indicate accumulation strategies or preparations for major trades. For cryptocurrency traders, this event underscores the importance of tracking on-chain metrics, including wallet activations and exchange outflows, which have historically correlated with bullish sentiment when whales move assets to cold storage.

As Bitcoin continues to dominate the crypto landscape, this whale's action comes at a time when BTC is navigating key resistance levels. Without real-time data, we can reference general market patterns where similar withdrawals have led to price surges. For instance, large holders withdrawing from exchanges typically reduce selling pressure, potentially supporting upward momentum. Traders should watch for BTC/USD trading pairs, where support might hold around recent lows, while resistance could cap gains near all-time highs. On-chain analysis tools reveal that Bitcoin's transaction volumes have been robust, with metrics like the mean hash rate and active addresses providing clues to network health. This particular withdrawal, timestamped around November 20, 2025, aligns with broader trends of institutional accumulation, where entities secure holdings amid regulatory clarity and macroeconomic shifts. SEO-savvy investors searching for Bitcoin price predictions or whale tracking strategies will find this event a prime example of how on-chain data can inform entry and exit points in volatile markets.

Trading Opportunities Amid Whale Movements

From a trading perspective, this Bitcoin whale's reactivation offers several insights for both short-term scalpers and long-term holders. Consider the potential for increased trading volume across major pairs like BTC/USDT on Binance, where such outflows often boost liquidity and attract retail interest. Historical data shows that when whales withdraw substantial amounts, BTC's 24-hour trading volume can spike by 10-20%, creating opportunities for momentum trades. Key indicators to monitor include the Relative Strength Index (RSI), which might signal overbought conditions if prices rally post-withdrawal, and moving averages like the 50-day EMA for trend confirmation. For those eyeing cross-market correlations, Bitcoin's performance often influences altcoins such as ETH and SOL, potentially leading to arbitrage plays. Institutional flows, evidenced by this whale's move, suggest growing confidence in BTC as a store of value, especially with spot ETF approvals driving mainstream adoption. Traders could position for a breakout above key resistance levels, targeting profits with stop-losses below recent support zones to manage risks in this dynamic environment.

Beyond immediate price action, this event ties into larger narratives in the cryptocurrency ecosystem, including the role of AI in on-chain analytics. Tools leveraging artificial intelligence can now predict whale behaviors with greater accuracy, helping traders anticipate market shifts. For stock market correlations, Bitcoin's movements often mirror tech-heavy indices like the Nasdaq, where AI-driven companies influence sentiment. If this whale's withdrawal signals broader accumulation, it could propel BTC towards new highs, benefiting related tokens in the AI crypto space. Overall, maintaining a diversified portfolio with exposure to BTC perpetual futures and options can hedge against volatility. As always, conduct thorough due diligence, focusing on verified on-chain sources to avoid misinformation in trading decisions.

In summary, this Bitcoin whale's $49.84 million withdrawal from Binance not only revives discussions on market manipulation risks but also highlights lucrative trading setups. With BTC's market cap exceeding trillions, such activities remind us of the asset's maturation. For optimal SEO, keywords like Bitcoin whale tracking, BTC price analysis, and cryptocurrency trading strategies emphasize the actionable insights here. Whether you're a day trader scanning for volume spikes or an investor analyzing long-term holders, this development provides a compelling case study in crypto market dynamics, encouraging proactive strategies in an ever-evolving landscape.

Onchain Lens

@OnchainLens

Simplifying onchain data for the masses