On-chain data shows that today, newly created wallets have withdrawn large amounts of Bitcoin from Binance. Lookonchain detected that a new address starting with bc1qwh just transferred out 1,000 BTC from Binance, estimated to be worth approximately $87.3 million at current prices. But that's not all — based on the timeline, these two newly created wallet addresses have collectively withdrawn 2,600 BTC from Binance today, totaling $231 million.
Large-scale BTC withdrawals are often significant signals for market participants. Such withdrawal operations usually indicate that the holder plans to hold the coins long-term or deploy them on-chain for other purposes. The emergence of new addresses makes tracking the subsequent movements of these funds a focal point for the community.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
5
Repost
Share
Comment
0/400
AlphaWhisperer
· 2025-12-30 16:39
Withdrawing 2600 BTC in a day—how much confidence does that show... Are you optimistic about this market trend?
View OriginalReply0
IronHeadMiner
· 2025-12-29 13:40
Wow, 2,600 Bitcoins withdrawn in a day—what a huge move!
View OriginalReply0
DefiOldTrickster
· 2025-12-29 13:36
It's the same old trick again, new wallet withdrawals, and our community is about to start the collective detective mode, haha.
2600 BTC taken out in one day, such a big move. If it were me back then, I’d also spend a long time figuring out whether it’s to dump the market or just hoarding.
Large withdrawals = long-term holding? I think sometimes it’s just arbitrage traders shifting positions, don’t overthink it.
The naked short positions are waiting here, do you really dare to take on this 231 million yuan market? Just asking.
Feels like the market is about to start a new round of betting again, and the new addresses are hidden pretty deep.
On-chain data shows that today, newly created wallets have withdrawn large amounts of Bitcoin from Binance. Lookonchain detected that a new address starting with bc1qwh just transferred out 1,000 BTC from Binance, estimated to be worth approximately $87.3 million at current prices. But that's not all — based on the timeline, these two newly created wallet addresses have collectively withdrawn 2,600 BTC from Binance today, totaling $231 million.
Large-scale BTC withdrawals are often significant signals for market participants. Such withdrawal operations usually indicate that the holder plans to hold the coins long-term or deploy them on-chain for other purposes. The emergence of new addresses makes tracking the subsequent movements of these funds a focal point for the community.