A Japanese Bitcoin whale has, over nearly 20 days, cumulatively withdrawn from exchanges 136.894 coins BTC
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AT A GLANCE
It was reported that a Japanese Bitcoin whale has again withdrawn from an exchange 65 coins BTC。
Article
Dormant for nearly 2 years, a Japanese Bitcoin whale has withdrawn again from an exchange 65 coins BTC
PANews October 27 According to Onchain Lens, a Japanese Bitcoin whale address has withdrawn another 65 coins BTC, worth approximately 5200000 USD This is the first large transaction from the address in nearly 2 years. Over the past 20 days, the address has withdrawn a cumulative total of 136.894 coins from Coincheck and bitFlyer,BTC worth approximately 11240000 USD。
PANews reported that Onchain Lens identified a Japanese Bitcoin whale address that has withdrawn another 65 coins BTC, worth approximately 5200000 USD。
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This is the address's first large transaction in nearly 2 years.
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Over the past 20 days, the address has cumulatively withdrawn from Coincheck and bitFlyer 136.894 coins BTC, worth approximately 11240000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
“Withdrawal” means that Bitcoin was transferred from an exchange to another address, but it does not mean that it has already been purchased, held long term, or sold.
Why it matters to readers
Large fund outflows from exchanges may reduce immediate selling pressure, but may also merely reflect a change in custody; withdrawals alone cannot determine the subsequent price impact.
Beginners should distinguish on-chain transfers from actual buying and selling, and should not determine the market direction solely based on a whale transfer out.
Risks and unknowns
The original text does not provide the address or corresponding transaction hash, so it cannot be independently verified here.
The subsequent use of the funds cannot be confirmed, nor can the whale’s intention to buy, hold, or sell be confirmed.
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Related concepts
BTC
The abbreviation commonly used for Bitcoin when referring to it as a digital currency.
An individual, institution, or organization that holds a large amount of a particular cryptocurrency and may significantly influence market prices through large-volume buying or selling.
