New whale wallets show signs of $186.3M in BTC accumulation

On-chain monitoring data on Nov. 10 showed a newly created wallet, "bc1qga," transferred out 1,489 BTC worth about $111.34 million from institutional crypto custody platform BitGo. Over the past 24 hours, three newly created wallets on Binance also withdrew a combined 1,002.86 BTC, worth about $75 million, to external wallets in split transactions. In total, newly created whale wallets accumulated and moved 2,491 BTC worth about $186.34 million to self-custodied wallets over the past day across major platforms.