Hupzy (Spot On Chain)|Jul 30, 2026 14:45
A newly created wallet just withdrew 𝟭,𝟮𝟱𝟬 𝗕𝗧𝗖 ($80.94M) from Binance in a single transaction. A fresh wallet pulling 80M+ off an exchange is a strong accumulation signal — newly created wallets receiving large exchange outflows typically indicate self-custody intent, not imminent selling.
𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: This is the second major BTC accumulation signal today, alongside BlackRock's $89.8M buy. Combined, over $𝟭𝟳𝟬𝗠 of BTC is shifting into long-term holding positions in a single session. Exchange withdrawals of this size reduce available spot supply, which is structurally bullish. Watch for follow-on movements from this wallet.
Track the wallet on Arkham: https://arkm.com/explorer/address/bc1qwzcyf09xc7prjhfn9jvl8g7wukx8yf5kur22gv
source: lookonchain
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