Bitcoin Whale Withdraws 100 BTC From Binance After 2 Months, Now Holds 300 BTC Worth $31M With $2.4M Unrealized Loss

COINOTAG News, on November 12, citing Onchain Lens analytics, reported that a long-dormant Bitcoin whale initiated a withdrawal from Binance after roughly two months of inactivity, moving 100 BTC. At current price levels, this block constitutes about $10.32 million and signals ongoing redistribution among large holders.

The same wallet now controls 300 BTC, valued at about $31 million, with an accompanying unrealized loss near $2.4 million as BTC prices adjusted. The transfer pattern, while not evidence of market stress, reflects tactical reallocation by a principal market participant.

This on-chain activity underscores the value of on-chain analytics for risk monitoring and liquidity assessment in crypto portfolios. As institutions and traders track whale activity, maintaining robust custody, verification, and exchange selection remains essential to prudent digital-asset management.

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