A post by @whale_alert on X.

A whale transferred 1,237 BTC, worth approximately $96.52 million, from an unknown wallet to Binance, according to blockchain tracking service Whale Alert. Large inflows of Bitcoin to exchanges are often monitored by traders as potential sell-side pressure signals, though transfers can also relate to custody moves, OTC deals, or exchange internal operations. The transfer equates to roughly $78,011 per BTC based on the reported figures. The identity of the wallet owner remains unknown, and no transaction purpose has been disclosed. Market participants will watch Binance's BTC reserves and spot order books for follow-on selling, as well as whether similar large transfers occur across other major exchanges.