Back
Wallet Withdraws 1,938 Bitcoin From Binance Over Six Days

Wallet Withdraws 1,938 Bitcoin From Binance Over Six Days

According to OnchainLens, whale address bc1qf withdrew 500.78 BTC worth about $37.16 million from Binance on March 18, lifting its holdings to 3,135.54 BTC valued at roughly $232.5 million.

BTC
SOL

Fact Check
The statement accurately reflects two separate on-chain events reported by Lookonchain and covered by major crypto news outlets (BlockBeats and PANews). The BTC withdrawal of 1,938 coins and the SOL withdrawal of 121,480 coins with the specified paper loss are both verified by these reports.
    Reference: 123
Summary

OnchainLens reported that whale address bc1qf withdrew 500.78 BTC worth about $37.16 million from Binance on March 18. Following the transfer, the address held 3,135.54 BTC valued at about $232.5 million. The new report returns the topic to Bitcoin accumulation by the tracked wallet, replacing the prior SOL-focused update that involved a different address and asset.

Terms & Concepts
  • BTC: The ticker symbol for Bitcoin, the largest cryptocurrency by market value and the native asset of the Bitcoin network.
  • Binance: A major cryptocurrency exchange where users trade, deposit, and withdraw digital assets.