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$305M in crypto moved in 3 hours, mostly to Binance and Wintermute, signaling possible market shifts

Market News
06 Nov 2026, 18:40 WIB
Tokenpost
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Neutral
$305M in crypto moved in 3 hours, mostly to Binance and Wintermute, signaling possible market shifts

Within a three-hour period ending at 7:01 a.m. ET on Nov. 5, four large cryptocurrency transfers totaling $305.3 million were recorded. Most of the value moved into Binance and Wintermute from unknown wallets, totaling $200.2 million, while $105.1 million was sent out from Coinbase Institutional to unknown wallets. Key transfers included 102.9 million USDC to Binance and 1,208 BTC to Wintermute. These movements may indicate potential selling activity or holding strategies, but the exact intentions of the owners remain unclear.

Following the large USDC transfers to Binance highlighted in the news, Binance Coin (BNB) on Pluang is trading at Rp12.607.582 with a slight 0.08% decrease over the past day as of Nov 07, 2026 00:03 WIB. The market shows balanced activity with 45% of orders selling and 55% buying, and typical hold times around 90 days, reflecting steady investor interest despite recent large crypto movements.

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