A new wallet withdrew 1,489 BTC worth $111.34 million from BitGo 40 minutes ago.
According to Lookonchain, the wallet is a newly created address, bc1qga. Over the past 24 hours, three other newly created wallets withdrew 1,002.86 BTC worth $75 million from Binance.
· Both withdrawals were made to newly created wallets, totaling 2,491.86 BTC, but the source does not specify who owns the wallets or how the funds will be used.
· Lookonchain described these moves as whales accumulating BTC. This is the firm's assessment, not a confirmed intention to hold.
Would you first watch to see whether these addresses transfer the BTC elsewhere, or keep tracking withdrawals to newly created wallets?
$BTC
According to Lookonchain, the wallet is a newly created address, bc1qga. Over the past 24 hours, three other newly created wallets withdrew 1,002.86 BTC worth $75 million from Binance.
· Both withdrawals were made to newly created wallets, totaling 2,491.86 BTC, but the source does not specify who owns the wallets or how the funds will be used.
· Lookonchain described these moves as whales accumulating BTC. This is the firm's assessment, not a confirmed intention to hold.
Would you first watch to see whether these addresses transfer the BTC elsewhere, or keep tracking withdrawals to newly created wallets?
$BTC
