A whale dormant for over a year has accumulated approximately 3,009 BTC, worth about $228 million.
Original headline休眠逾一年巨鲸累计买入约 3009 枚 BTC，价值约 2.28 亿美元
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A dormant Bitcoin whale address accumulated roughly 3,009 BTC, valued at about $228 million, on November 6, receiving the funds in five transfers from a Binance hot wallet, according to Lookonchain monitoring. The same address had previously withdrawn about 1,286 BTC from Binance within a 24-hour window. The scale of the buying matters as a signal of renewed accumulation by a large holder after more than a year of inactivity, with the tokens moving off-exchange into self-custody. Traders will watch whether the address continues drawing BTC from Binance and whether other dormant whales follow suit.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
Bitcoin (BTC), Binance, Lookonchain
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