logo

Whale Address Withdraws 1,139 BTC from Binance: Insights on the Dominant Bitcoin Movement

By: bitcoin ethereum news|2025/05/10 12:15:05
0
Share
copy
In a significant market move reported by COINOTAG News on May 10, an identified whale address, bc1q57 , executed a withdrawal of 1,139 BTC , valued at approximately $117.43 million , from the cryptocurrency exchange Binance within the last hour. This strategic withdrawal highlights the ongoing trends in large-scale transfers within the crypto space. The address in question now retains a substantial balance of 2,616 BTC , equating to roughly $269.5 million . Such movements are critical indicators for market analysts, as they often signal shifting liquidity and potential impacts on price dynamics. Monitoring these whale activities provides valuable insights for investors aiming to navigate the volatile cryptocurrency landscape effectively. Source: https://en.coinotag.com/breakingnews/whale-address-withdraws-1139-btc-from-binance-insights-on-the-dominant-bitcoin-movement/

You may also like

Why a Million-Follower Crypto KOL Chooses WEEX VIP?

Discover why top crypto KOL Carl Moon partnered with WEEX. Explore the WEEX VIP ecosystem, 1,000 BTC protection fund, and exclusive rewards for serious traders.

CoinEx Founder: The Crypto Endgame in My Eyes

The industry will not disappear, but it will shrink significantly.

Spark Coin (SPK): Explodes 73% as Aave Bleeds $15B, A Good Investment Now?

Spark coin (SPK) surged 73% as $15 billion fled Aave after the KelpDAO hack. This article explains what Spark is, why it’s pumping, and whether it is a good investment right now.

As Aave's building collapses, Spark's high-rise is rising

The growth of Spark's TVL is essentially a redistribution of existing capital in DeFi among protocols, rather than new capital entering the market. The "cake" of the entire industry has shrunk in the short term, and no one can remain unaffected.

RootData: Q1 2026 Cryptocurrency Exchange Transparency Research Report

In this report, Binance continues to rank first with the highest trading volume and wealth potential, while OKX has risen to second place as one of the few exchanges with an increase in trading volume this month.

What Is Memecoin Trading? A Beginner's Guide to How It Works, the Risks, and 2026's Hottest Tokens

Memecoins surged 30%+ at the start of 2026 while Bitcoin was flat. RAVE spiked 4,500% then crashed 90% in days. MAGA jumped 350% overnight. This guide explains exactly how memecoin trading works — and how to not blow up your account doing it.

Popular coins

Latest Crypto News

Read more