Mysterious Whale Transfers Over 100,000 BTC to Binance in Three Days Worth More Than $700 Million

Whale Activity Sparks Market Attention

On-chain data from analyst TheDataNerd reveals that a major wallet has been actively depositing BTC to Binance over the past three days, totaling 107,035 BTC, equivalent to over $727 million at current prices.

In the last 24 hours alone, the wallet transferred 2,535 BTC, worth approximately $168.42 million, fueling speculation about the whale’s intentions.

Origin of Funds Remains Unknown

Despite the high volume of transactions, the source and purpose of these funds remain unclear. Some market observers speculate that the movement could be linked to institutional rebalancing or large-scale asset transfers.

• Total Deposits Over Three Days: 107,035 BTC
• Largest Single Deposit: 2,535 BTC
• Total Estimated Value: Over $727 million

Binance Continues to Be a Key Hub for Large Transfers

Chain data indicates that despite market fluctuations, Binance remains a major hub for high-value crypto transactions, as demonstrated by these recent large inflows.