Long headed whales continue to raise BTC, with a single withdrawal amount exceeding $100 million

2025-05-20 01:23

According to Lookonchain, multiple whale addresses have been continuously withdrawing Bitcoin from exchanges recently. Among them, address bc1qcp withdrew 1350 BTC (approximately 142 million US dollars) from Binance 8 hours ago, and currently holds a total of 219 million US dollars in storage; Bc1qpu (suspected to be associated with Abraxas Capital) extracted 675 BTC from Kraken; The new address bc1q5k also withdrew 500 BTC from Binance 17 hours ago.

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