New Wallet Withdraws 474.54 Bitcoin Worth About $33.59 Million From Binance
According to Onchain Lens (blockchain tracking service), the transfer was reported on March 25 and involved a newly created wallet moving Bitcoin off the exchange.
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Terms & Concepts
On-chain data: Blockchain-recorded transaction information that can be tracked publicly to monitor wallet movements and fund flows.
Wallet: A blockchain address or application used to store and transfer digital assets such as Bitcoin.
Exchange withdrawal: A transfer of crypto assets from a trading platform to an external wallet, often tracked as part of market flow analysis.