COINOTAG News reported on February 23rd that a significant movement within the cryptocurrency market was captured by OnchainLens monitoring. A whale wallet, which had remained inactive for a substantial period of 1.3 years, executed a withdrawal of 107.13 BTC from Binance just three hours ago. This transaction is valued at approximately $10.34 million, showcasing the potential volatility and liquidity in the current crypto environment. Remarkably, 1.3 years prior, the same wallet had previously withdrawn 66.17 BTC from Binance, amounting to around $2.41 million at that time, which was later reinvested back into the exchange. Such movements often signal important trends in market sentiment and investor activity, warranting close attention from analysts and investors alike.
Source: https://en.coinotag.com/breakingnews/whale-wallet-awakens-107-13-btc-worth-10-34-million-withdrawn-from-binance-after-1-3-years/