Bitcoin whale withdraws 109 WBTC from Binance, accumulates $8.431 million

Bitcoin whale withdraws 109 WBTC from Binance, accumulates $8.431 million

The whale has continued adding to its Bitcoin position, withdrawing another 70 WBTC and lifting total accumulation since June 25 to 256.1 WBTC worth $15.22 million.

BTC
USDC
WBTC

Fact Check
Both components of the claim trace directly to the originating on-chain analyst @ai_9684xtpa (Ai Yi). The June 30 X post states 109 WBTC withdrawn from Binance with a cumulative $8.431M position, exactly matching the first part of the claim. The July 1 X post states an additional 70 WBTC withdrawn, raising total accumulation since June 25 to 256.1 WBTC worth $15.22M, exactly matching the second part. Three independent aggregators (PANews, BlockBeats, Odaily) reproduce these same figures citing the same posts. The claim reflects one analyst's on-chain wallet attribution rather than an official Binance disclosure, so confidence is high on the reporting but the underlying whale-attribution is analyst-derived.
Summary

A Bitcoin whale has continued to expand its exposure through a spot-buying and leveraged-long strategy, withdrawing another 70 WBTC from Binance over the past eight hours, according to PANews, which cited on-chain analyst Ai Yi. The latest move brings the entity’s total accumulation since June 25 to 256.1 WBTC worth $15.22 million, with an average cost of about $59,445.89. Earlier activity showed two linked addresses withdrawing 109 WBTC from Binance, using 93.47 WBTC as collateral to borrow USDC, and adding 31.07 WBTC on-chain, a structure that allows the holder to raise liquidity while maintaining Bitcoin exposure.

Terms & Concepts
  • WBTC: Wrapped Bitcoin token on other blockchains.
  • leveraged-long strategy: A trading approach that uses borrowed funds or leverage to increase upside exposure to a rising asset.
  • collateral: Assets pledged to secure a loan.