{"id":71953,"date":"2026-05-02T16:51:39","date_gmt":"2026-05-02T16:51:39","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/whale-pulls-1051-btc-worth-82-35m-from-binance-in-single-transaction\/"},"modified":"2026-05-02T16:51:39","modified_gmt":"2026-05-02T16:51:39","slug":"whale-pulls-1051-btc-worth-82-35m-from-binance-in-single-transaction","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/whale-pulls-1051-btc-worth-82-35m-from-binance-in-single-transaction\/","title":{"rendered":"Whale Pulls 1,051 BTC Worth $82.35M From Binance in Single Transaction"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li><span style=\"font-weight:400\">A new wallet pulled 1,051 <span>BTC<\/span> worth $82.35 million from Binance, per Lookonchain. <\/span><\/li>\n<li><span style=\"font-weight:400\">U.S. <span>bitcoin ETFs<\/span> recorded $630 million in net inflows on May 1, amplifying the <span>bullish<\/span> demand signal. <\/span><\/li>\n<li><span style=\"font-weight:400\"> <span>Centralized exchanges<\/span> have shed over $26 billion in <span>bitcoin<\/span> and ether since January 2026.<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight:400\">New Wallet, Big Move<\/span><\/h2>\n<p><span style=\"font-weight:400\">Onchain intelligence platform Lookonchain <\/span><a href=\"https:\/\/twitter.com\/lookonchain\/status\/2050440834236162197\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">flagged the withdrawal<\/span><\/a><span style=\"font-weight:400\">, noting that the receiving wallet had been newly created, a common fingerprint of institutional players or high-net-worth individuals seeking to self-custody large holdings outside of exchange infrastructure.<\/span><\/p>\n<figure id=\"attachment_811095\" aria-describedby=\"caption-attachment-811095\" style=\"width:1654px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-811095\" class=\"wp-caption-text\">Image source: X<\/figcaption><\/figure>\n<p><span style=\"font-weight:400\">At the prevailing price of approximately $78,000 per <span>bitcoin<\/span>, the 1,051 <span>BTC<\/span> haul is valued at roughly $82.35 million. The transaction was confirmed in a single block, and no subsequent movement has been recorded from the destination address, a pattern consistent with long-term storage rather than positioning for a near-term sale.<\/span><\/p>\n<h2><span style=\"font-weight:400\">What Exchange Outflows Tell Us<\/span><\/h2>\n<p><span style=\"font-weight:400\">Large <span>bitcoin<\/span> withdrawals from <span>centralized exchanges<\/span> typically pertain to coins that cannot be immediately sold. Sustained outflow trends reduce available sell-side supply and, over time, tend to tighten price floors.<\/span><\/p>\n<p>That trend has been running hard in 2026, marked by a massive structural shift away from traditional exchange-held balances. <span class=\"citation-9 citation-end-9\">According to CryptoQuant, February alone saw over 31.6 million <span>ETH<\/span> withdrawn from <span>centralized exchanges<\/span>, driving reserves to multi-year lows. <\/span>Analysts attribute this shift to a growing institutional preference for direct custody and regulated vehicles over traditional exchange-held balances.<\/p>\n<p><span style=\"font-weight:400\">The timing of today\u2019s withdrawal adds to an already constructive demand picture. On May 1, U.S. <span>bitcoin<\/span> spot exchange-traded funds (ETFs) recorded net inflows of $630 million, with ether ETFs adding a further $101 million, one of the stronger single-day readings in recent months.<\/span><\/p>\n<figure id=\"attachment_811096\" aria-describedby=\"caption-attachment-811096\" style=\"width:737px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-811096 size-full\" title=\"Whale Pulls 1,051 BTC Worth $82.35M From Binance in Single Transaction\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/05\/whale-pulls-1051-btc-worth-82-35m-from-binance-in-single-transaction2_nwmk.jpg\" alt=\"Whale Pulls 1,051 BTC Worth $82.35M From Binance in Single Transaction\" width=\"737\" height=\"531\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/05\/whale-pulls-1051-btc-worth-82-35m-from-binance-in-single-transaction2_nwmk-300x216.jpg 300w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/05\/whale-pulls-1051-btc-worth-82-35m-from-binance-in-single-transaction2_nwmk.jpg 737w\" sizes=\"auto, (max-width: 737px) 100vw, 737px\"\/><figcaption id=\"caption-attachment-811096\" class=\"wp-caption-text\">Image source: X<\/figcaption><\/figure>\n<h2><span style=\"font-weight:400\">Part of a Larger <span>Whale<\/span> Pattern<\/span><\/h2>\n<p><span style=\"font-weight:400\">Cryptoquant <\/span><a href=\"https:\/\/news.bitcoin.com\/cryptoquant-data-shows-whale-deposits-at-highest-level-since-july-2024-near-bitcoin-key-resistance\/\"><span style=\"font-weight:400\">data published<\/span><\/a><span style=\"font-weight:400\"> earlier this year showed <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-bitcoin-whales\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin whales<\/a> quietly buying thousands of coins over a two-month window, even as retail sentiment remained cautious. However, i<\/span><span style=\"font-weight:400\">nstitutional accumulation is not one-directional, because a separate investigation tracked a different <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-bitcoin-whales\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">whale<\/a> sending 1,000 <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> to Binance and booking a $3.42 million profit, a reminder that large players are actively positioned on both sides of the market simultaneously.<\/span><\/p>\n<p> <!-- --> <\/p>\n<p><span style=\"font-weight:400\">One thing from this latest move is that whoever controls this new wallet has decided not to leave 1,051 <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> on an exchange, and at this price level, that decision alone could carry substantial weight.<\/span><\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/news.bitcoin.com\/whale-1051-btc-binance-withdrawal\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways: A new wallet pulled 1,051 BTC worth $82.35 million from Binance, per Lookonchain. U.S. bitcoin ETFs recorded $630 million in net inflows on May 1, amplifying the bullish demand signal. Centralized exchanges have shed over $26 billion in bitcoin and ether since January 2026. New Wallet, [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":71954,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71953"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=71953"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71953\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/71954"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=71953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=71953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=71953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}