Whale withdraws 1,320 Bitcoins from Binance in a short period, is a major move brewing?

Question

【Crypto World】On-chain data monitoring shows that a whale address marked as bc1q57 executed a large withdrawal two hours ago — withdrawing 1,320 Bitcoins from Binance in a single transaction. At current prices, this transaction amounts to approximately $119.6 million.

Such a large single withdrawal often indicates that major holders are adjusting their positions. Are they preparing to reduce holdings on rallies, or moving assets to cold wallets for long-term accumulation? Or are they getting ready for upcoming market strategies? These whale movements have always been a key focus for market participants — after all, the flow of chips from major players often reflects potential market signals.

tx_pending_forever · Accepted Answer

Is this the same old trick again, do we have to guess the whale's moves? Should we reduce positions on rallies or accumulate coins? No one really knows.

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1320 Bitcoin has been released, retail investors are still staring at the charts, hilarious.

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Maybe this guy just wants to switch to a cold wallet, don't overinterpret it.

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After all this hype, the only thing the whale did was make a withdrawal, and everyone on the internet is guessing? This is our market.

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The probability of dumping on a rally is high, a classic move.

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Guessing the intentions of big players based on news? Better to just look at the K-line for honesty.

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Let's wait and see what happens next; how this $119.6 million is digested is the real point.

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I just want to know who it is, so I can follow the trend, hahaha.

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Here we go again with the "Whale Intentions Analysis" endless loop, all you gamblers.

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If this money is invested, the market would be truly stimulated.

ForumLurker · Answer

Keep an eye on this whale, they must be holding back a big move.

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1320 Bitcoins are directly withdrawn. Is this an attempt to dump or some other operation?

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Another news about a whale escaping. Every time they say it's a signal, but what’s the result?

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The probability of cold wallet accumulation is higher. This volume won't be moved casually.

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This is hilarious. This wave is either a dump or accumulation. Anyway, big players just profit.

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You better watch this fish  closely. Next, see where it transfers funds.

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Over a hundred million dollars withdrawn on a whim. How calm must their mindset be?

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I just want to know if this whale is ultimately protecting the market or continuing to sell off.

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Another whale movement, another potential signal of being cut again.

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With this scale of operation, retail investors can only sit back and watch the show.

MissingSats · Answer

Whales are at it again, asking for 1320 Bitcoins as if moving houses. Who knows if it's a bottom-fishing or a run?

SatoshiSherpa · Answer

Bro, with this move, 1320 BTC directly issued, that's pretty fierce

Cold wallet or dumping? This mystery can't be held back

Here we go again, watching whales' actions every day, might as well do your own homework

Watching the show, this rhythm is a bit interesting

Big players really making moves, will small investors follow? The question is

Hopefully it's just a false alarm again, the tactics are deep

This account needs some research, feels like there's more to come

Betting a wave, either stacking coins or harvesting

$120 million, moving on a whim, really bold

This move is enough to be a hot topic of the session

Here we go again, time to watch the excitement

BlockImposter · Answer

Withdrawing 1320 Bitcoins all at once, this guy is really fierce. Is he planning to dump from the cold wallet? Keep an eye on it.

This move smells a bit fishy; 120 million USD is no small amount, feeling a bit anxious.

When whales move, the market trembles; who can understand this guy's mind?

Is it better to reduce positions on rallies or hoard coins for the winter? That's the real question.

Is this a sign of a dump? Or laying the groundwork for the next round of layout? The show is on.

PonziWhisperer · Answer

1320 BTC are directly withdrawn, this guy is really planning something

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When a whale makes a move, you’ll know if they’re serious. Looks like a change is coming

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Cold wallet accumulation or dumping, that’s the real issue

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$119.6 million, just withdraw it whenever, I, a small retail investor, am drooling

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Not sure if this wave is bottom-fishing or panic selling, it’s a bit uncertain

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With this rhythm, it feels like the market will have some movement soon

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Big players always have the final say, we’ll just watch and see

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With so many withdrawals, they’re definitely planning a big move

IntrovertMetaverse · Answer

1320 Bitcoins exiting? This guy is either trimming positions at the top or holding a big move... It's frustrating.

SeeYouInFourYears · Answer

Really? 1320 Bitcoins withdrawn directly. Is this guy really planning to hoard coins or to dump the market?

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Cold wallet accumulation, this is the real veteran move. Confident in the long-term rhythm.

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Here we go again, every time a big whale withdraws coins, we have to guess for a long time, but in the end, nothing happens.

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Oh my, with this amount, the pressure to reduce positions must be huge.

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Unlikely to be anything else but a market rally again, the tactics are always the same.

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This gentleman is so cautious, it shows he’s also uncertain inside.

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Withdrawing means action, just see if it’s upward or downward.

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Over a hundred million dollars worth of coins being withdrawn on a whim, how strong must that mentality be?

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In my opinion, only those with a long-term bullish outlook would operate like this. Don’t believe me? Just look.

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Withdrawing coins is a signal. No matter how much analysis there is, it’s all nonsense.

Whale withdraws 1,320 Bitcoins from Binance in a short period, is a major move brewing?

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