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Newly created address withdraws $51.99M in BTC from Binance

June 12, 2026, 1:32 PM
An anonymous, newly created address starting with bc1qcgs withdrew 820 BTC, worth $51.99 million, from Binance over the past 24 hours, according to Onchain Lens. Such withdrawals are typically interpreted as a move to hold assets long-term.

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