According to Onchain Lens, a newly created wallet withdrew 450 BTC worth approximately 53.22 million dollars from Binance, with the receiving address bc1qvlmv2ut5sv6sz3ux95jm235vkw90qq794fmple, source: Onchain Lens on X, August 17, 2025. This on-chain transfer represents a 450 BTC outflow from Binance at the reported time, source: Onchain Lens on X, August 17, 2025. Traders can monitor subsequent movements from the disclosed address to assess holding versus redistribution behavior, source: Onchain Lens on X, August 17, 2025. The source did not provide additional details on owner identity or final custody beyond the destination address, source: Onchain Lens on X, August 17, 2025.