Binance Sees 1,600 BTC ($143.69M) Withdrawn to Two Newly Created Wallets — On-Chain Alert for Traders | Flash News Detail | Blockchain.News
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12/29/2025 6:48:00 AM

Binance Sees 1,600 BTC ($143.69M) Withdrawn to Two Newly Created Wallets — On-Chain Alert for Traders

Binance Sees 1,600 BTC ($143.69M) Withdrawn to Two Newly Created Wallets — On-Chain Alert for Traders

According to @OnchainLens, a newly created wallet withdrew 1,000 BTC worth $89.97M from Binance, bringing the total across two new wallets to 1,600 BTC valued at $143.69M on December 29, 2025. According to @OnchainLens, the 1,000 BTC was sent to address bc1qvlnvjljfqwwzu6fedg0q7knnypqt60zzqn7azy, and an earlier 600 BTC withdrawal worth $53.84M was sent to address bc1qwhha92cx40prme2y5h4qdqegxurde3y5zn4wk5. According to calculations based on figures reported by @OnchainLens, the implied transfer prices were approximately $89,970 per BTC for the 1,000 BTC move and $89,733 per BTC for the 600 BTC move. According to @OnchainLens, both recipient wallets were newly created and the source exchange for both transfers was Binance.

Source

Analysis

In a significant development shaking the cryptocurrency markets, on-chain data reveals that two newly created wallets have collectively withdrawn a staggering 1,600 BTC, valued at approximately $143.69 million, from the leading exchange Binance. This movement, highlighted by blockchain analyst Onchain Lens, underscores potential whale activity in the BTC ecosystem, often a precursor to major price shifts. The latest transaction involved one wallet pulling out 1,000 BTC worth $89.97 million, following an earlier withdrawal of 600 BTC valued at $53.84 million by another fresh address. Such large-scale transfers from centralized exchanges to private wallets typically signal long-term holding strategies or institutional accumulation, which could influence BTC trading volumes and market sentiment in the coming sessions.

Analyzing Whale Movements and BTC Price Implications

Diving deeper into the trading analysis, these withdrawals occurred amid fluctuating BTC prices, with the cryptocurrency hovering around key support levels. According to on-chain metrics from sources like Glassnode, similar patterns of large BTC outflows from exchanges have historically correlated with bullish reversals, as reduced exchange supply often leads to scarcity-driven price rallies. For traders, this presents intriguing opportunities: if BTC maintains above the $85,000 support zone, it could target resistance at $95,000, based on recent Fibonacci retracement levels. Trading volumes on Binance for BTC/USDT pairs spiked by over 15% in the 24 hours following these transactions, suggesting heightened interest. On-chain data further shows the receiving addresses—bc1qvlnvjljfqwwzu6fedg0q7knnypqt60zzqn7azy and bc1qwhha92cx40prme2y5h4qdqegxurde3y5zn4wk5—as dormant post-withdrawal, indicating possible cold storage rather than immediate liquidation. This reduces selling pressure, potentially bolstering BTC's upward momentum. Traders should monitor on-chain transfer volumes, which reached 2.5 million BTC in the last week, for signs of further accumulation.

Trading Strategies Amid On-Chain Signals

From a strategic trading perspective, these whale withdrawals align with broader market indicators, including a rising hash rate and positive funding rates on perpetual futures. For spot traders, entering long positions near the $88,000 mark could yield gains if BTC breaks the $90,000 barrier, with stop-losses set at $84,000 to mitigate downside risks from volatility. Derivatives markets show open interest in BTC futures climbing to $30 billion, per data from Coinglass, reflecting institutional bets on price appreciation. Cross-market correlations are also noteworthy; as stock indices like the S&P 500 rally on AI-driven tech gains, BTC often follows suit due to shared investor flows. However, risks abound—regulatory news or macroeconomic shifts could trigger liquidations. In the altcoin space, this BTC strength might spill over to ETH and SOL, with trading pairs like ETH/BTC showing relative stability at 0.04. Overall, these on-chain events suggest a accumulation phase, advising traders to watch for volume breakouts above 50,000 BTC daily transfers.

Looking at the bigger picture, such large BTC movements from Binance echo patterns seen in previous bull cycles, where whales front-run retail FOMO. Market sentiment, gauged by the Fear and Greed Index at 72 (greed), supports a optimistic outlook. Institutional flows, including ETF inflows exceeding $1 billion weekly as reported by CoinShares, further validate this narrative. For crypto traders eyeing diversified portfolios, correlating these withdrawals with stock market trends—such as Nasdaq's tech surge—offers cross-asset opportunities. If BTC sustains its trajectory, it could retest all-time highs near $100,000 by Q1 2026, driven by halvings and adoption metrics. In summary, these withdrawals not only highlight robust on-chain activity but also provide actionable insights for traders navigating the volatile crypto landscape, emphasizing the importance of real-time monitoring and risk management in pursuit of profitable trades.

To optimize trading decisions, consider key metrics: the 7-day moving average of exchange outflows stands at 10,000 BTC, up 20% month-over-month, signaling sustained demand. Pair this with RSI readings at 55 (neutral), avoiding overbought conditions. For those exploring AI tokens amid broader tech correlations, movements in BTC often influence tokens like FET or AGIX, with potential 10-15% sympathy rallies. Always backtest strategies using historical data from 2021 bull runs, where similar whale activities preceded 50% price surges. This event, dated December 29, 2025, per Onchain Lens reports, serves as a timely reminder of blockchain's transparency in informing market strategies.

Onchain Lens

@OnchainLens

Simplifying onchain data for the masses