A BIT-linked address deposited 1,400 BTC worth $107.8 million into Binance and withdrew 10,000 ETH valued at $24.67 million, Lookonchain reported. Exchange deposits are typically viewed as potential selling signals, while withdrawals are generally associated with accumulation. An earlier record identified the address 0x480...ad4e as Matrixport, but the latest report describes it as BIT-linked.