Bitcoin Whale Withdraws 460 BTC From Binance After Three Months of Inactivity

According to Lookonchain, the address beginning with 1EnPnm moved about $32.41 million in Bitcoin off the Binance exchange on March 20.

BTC

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Terms & Concepts
  • Whale: A market participant that holds a large amount of cryptocurrency and can draw attention because sizable transfers may affect market sentiment.
  • Binance: A major cryptocurrency exchange where users trade, deposit, and withdraw digital assets.
  • Bitcoin withdrawal: A transfer of Bitcoin from an exchange to an external wallet address, often watched as a sign of custody or trading intent.