COINOTAG News, on November 20, citing Onchain Lens data, reports a high‑net‑worth Bitcoin holder exited Binance after a two‑month dormancy, moving 544.25 BTC valued at $49.84 million. The wallet now shows 552.87 BTC on‑chain, roughly $50.70 million in aggregate value. This relocation underscores ongoing on‑chain liquidity shifts away from centralized exchanges and highlights the value of wallet‑level analytics for discerning market dynamics.
Analysts view such transfers as signals of custody and capital reallocation rather than immediate price moves, yet they contribute to the narrative around crypto market liquidity and risk posture. The whale’s sizable BTC stake—now 552.87 BTC—remains among the more influential on‑chain actors to monitor, particularly as activity on major platforms like Binance informs liquidity outlook and exchange flow analysis for traders and institutions.
Source: https://en.coinotag.com/breakingnews/bitcoin-whale-withdraws-544-25-btc-from-binance-after-2-month-dormancy-holdings-rise-to-552-87-btc
