The largest Bitcoin withdrawal from Binance in 3 months
According to IntoTheBlock, 13,820 bitcoins were withdrawn from Binance on July 27.
The analyst firm believes this is the largest BTC withdrawal from Binance since April 19.
IntoTheBlock believes this is a sign that whales and smaller investors are hoarding Bitcoin. They move it to cold wallets.
It is possible that this major finding was related to recent changes to Binance's withdrawal rules.