Dormant for a year, a whale withdrew 1,286 BTC from Binance, approximately $98.03 million.
Original headline沉寂一年巨鲸从币安提取 1,286 枚 BTC，约 9803 万美元
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A dormant whale address withdrew 1,286 BTC—worth roughly $98.03 million at a withdrawal-time price of $76,230—from Binance on November 6, according to Lookonchain. The same address had deposited 5,699 BTC (about $509 million) into the exchange more than a year earlier at an average price of $89,291, meaning it is now rebuying Bitcoin about 15% below its original entry, a move Lookonchain characterized as buying back cheaper. The withdrawal matters because large exchange outflows by long-dormant holders can signal accumulation rather than intent to sell, and the size of the position makes it a notable on-chain data point for tracking whale behavior. Traders will watch whether the address continues accumulating at current levels and whether the BTC leaves Binance for cold storage or returns to the exchange for trading.
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.
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Bitcoin (BTC), Binance, Lookonchain
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