COINOTAG News, citing Onchain Lens data, reports that in the last 24 hours a Bitcoin whale withdrew 600 BTC from Bybit, a move valued at approximately $52.12 million. The transfer highlights ongoing wallet reshuffling among major exchanges and adds to the BTC liquidity narrative for trading desks.
Today the whale’s aggregate holdings stand at 1,099 BTC, about $94.50 million in notional value. This level of concentration in a single address emphasizes the need for monitoring wallet-level risk and potential market impact from large transfers, as reported by Onchain Lens data.
Source: https://en.coinotag.com/breakingnews/bitcoin-whale-withdraws-600-btc-from-bybit-now-holding-1099-btc-worth-94-5-million
