According to Lookonchain, a whale has withdrawn 2,218 BTC, valued at $226.75 million, from Binance and Kraken within the past three hours (source: Lookonchain via Twitter, May 15, 2025; intel.arkm.com). Such significant outflows from major exchanges typically indicate a move towards long-term holding or cold storage, reducing immediate sell pressure on the market. Historically, large withdrawals of this scale have preceded bullish price action or reduced volatility as available BTC liquidity on exchanges dips. Traders should closely monitor on-chain flows and exchange reserves for potential short-term price stability or upward movement in Bitcoin and related altcoins, as such events often signal increased confidence among large holders.