Anonymous whale withdraws $37.2M in BTC from Binance

An anonymous whale address starting with bc1qf has withdrawn 500.78 BTC, worth $37.16 million, from Binance, according to Onchain Lens. Withdrawals from exchanges are typically interpreted as a sign of intent to hold. The address now holds a total of 3,135.54 BTC, valued at $232.5 million.