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2026-11-05 22:59 UTC

Lookonchain: Whale Withdraws 1,286 BTC From Binance

Lookonchain: Whale Withdraws 1,286 BTC From Binance

Lookonchain reported a whale withdrawing 1,286 BTC worth $98.03M from Binance at $76,230 after more than a year of inactivity, reversing a prior deposit of 5,699 BTC at an average $89,291.

Source

Analysis

Lookonchain flagged a dormant whale address pulling 1,286 BTC ($98.03M) from Binance at $76,230. The same wallet had deposited 5,699 BTC ($509M) into the exchange more than a year earlier at an average price of $89,291.

Bitcoin sits at $75454.02 beneath both the EMA50 at $78342.62 and EMA200 at $80701.93, confirming the bearish structure. MACD at -458.17 has printed a death cross while RSI(14) at 34.57 remains neutral inside the Bollinger bands, with price testing the lower band near $74362.43 support and facing upper-band resistance at $81496.84.

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