Bitcoin Whale Withdraws $98 Million From Binance After Earlier 5,699 BTC Deposit

A large Bitcoin holder has reportedly withdrawn approximately $98 million worth of $BTC from Binance. The wallet had previously deposited 5,699 BTC at an average price of $89,291 more than a year ago.
The latest withdrawal has attracted attention because of the wallet's substantial transaction history. Moving Bitcoin from an exchange to an external address can reflect custody changes, portfolio management or longer-term holding intentions.
The transfer alone does not establish whether the whale is accumulating, preparing another transaction or moving assets between controlled wallets. The earlier deposit and latest withdrawal should not be treated as a confirmed round-trip trade without additional transaction evidence.