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After a year of silence, a whale withdraws 1,286 BTC from Binance, worth approximately $98.03 million.

Nov 6, 15:05

On November 6, Lookonchain tracked a whale address dormant for over a year withdrawing 1,286 BTC from Binance, valued at approximately $98.03 million based on the withdrawal price of $76,230.
The address originally deposited 5,699 BTC into Binance at an average price of $89,291 (about $509 million) over a year ago. At current prices, the buyback price is approximately 15% lower than the initial deposit price, with Lookonchain noting it is "buying back Bitcoin at a lower price."

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