Bitcoin Whale Withdraws $98M From Binance as BTC Price Eyes $86,000

Bitcoin has attracted attention after a dormant whale withdrew a substantial amount of BTC from Binance, raising speculation about renewed accumulation. Meanwhile, the BTC price is testing critical support, with traders watching buying pressure and technical signals to determine whether a recovery or deeper correction follows. Bitcoin whale activity has attracted market attention after a previously inactive wallet withdrew 1,286 BTC from Binance. According to Lookonchain, the transaction occurred on November 6 at approximately $76,230 per Bitcoin, bringing its total value to $98.03 million. The whale previously deposited 5,699 BTC, worth approximately $509 million, into Binance at an average price of $89,291. The latest withdrawal suggests that the investor has regained exposure to Bitcoin at a substantially lower price.

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