According to ChainCatcher, Spot On Chain, a blockchain data monitoring platform, found that a whale created a new wallet 25 hours ago and quickly withdrew 499.96 bitcoins from Binance, with a total value of approximately $48.94 million. The average price of this operation was $97,888 per bitcoin.

This abnormal movement has attracted widespread attention in the market, and analysts are closely watching the subsequent movements of the wallet to determine its possible impact on market trends. Although the specific intentions of the whale are still unclear, such a large-scale transfer of funds has undoubtedly added uncertainty to the market.