Bitcoin Whales Withdraw 1,600 BTC Worth $143.65M from Binance
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Whale Activity Resurgence: In the past three hours, two newly created wallets withdrew 1,600 BTC, approximately $143.65 million from Binance, indicating a potential bullish sentiment among large investors.
- Increased Market Confidence: Such significant withdrawals often correlate with price confidence, as reducing the supply of Bitcoin on exchanges can lead to upward price pressure if demand remains strong, providing investors with a sense of security for long-term holding.
- Strategic Accumulation Phase: The creation of new wallets may suggest fresh institutional interest or newly formed funds entering the market, and these large-scale movements are typically part of broader investment strategies, indicating potential market shifts.
- Future Outlook: With the next Bitcoin halving expected in 2026, investors may be positioning themselves early, and this whale activity could signal an upcoming bullish phase, further enhancing positive market sentiment.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







