Massive Bitcoin Exodus: New Wallets Withdraw 1,400 BTC Worth $165M from Binance in 3 Days

On July 20, OnchainLens data revealed that a newly established wallet executed a significant withdrawal of 400 BTC from Binance, amounting to approximately $47.26 million. This transaction highlights continued large-scale movements within the cryptocurrency exchange. Over the preceding three days, a total of three recently created wallets have collectively withdrawn 1,400 BTC from Binance, representing a combined value of around $165.18 million. Such activity underscores notable liquidity shifts and potential strategic asset reallocations by major holders in the crypto market. Monitoring these sizeable withdrawals is crucial for investors aiming to gauge market sentiment and exchange reserve trends.

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