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A Bitcoin whale withdrew 3,009 BTC worth $228M from Binance, signaling a partial buyback at lower prices.

Technical Signals
06 Nov 2026, 18:54 WIB
Crypto Briefing
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Bullish
A Bitcoin whale withdrew 3,009 BTC worth $228M from Binance, signaling a partial buyback at lower prices.

A Bitcoin whale that had been inactive for over a year withdrew 3,009 BTC, valued at about $228 million, from Binance in multiple transfers. This wallet had previously deposited 5,699 BTC to Binance when Bitcoin was near $89,000, but now it's buying back coins at around $75,000-$76,000, indicating it sees current prices as attractive. The move reduces the supply of BTC available on exchanges and suggests a staged, deliberate buyback rather than fresh investment. Market watchers will be monitoring if the wallet continues withdrawing to rebuild its position and if other dormant wallets follow suit.

The Bitcoin whale's recent activity provides context for cryptocurrency market trends. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Nov 06, 2026 23:22 WIB: out of 50 priced major cryptocurrencies, 36 rose and 13 fell. XRP traded at Rp21.483 with a 1-day change of -5.72% and Pluang order activity showing 66% Sell / 34% Buy. Kusama (KSM) was priced at Rp61.108, up 5.70%, with 100% Sell activity. Bitcoin Cash (BCH) stood at Rp4.819.569, down 5.32%, with 9% Sell / 91% Buy activity and a typical hold time of 69 days.

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