According to The Data Nerd, a prominent Bitcoin whale (address bc1q57) withdrew 1,139 BTC—valued at approximately $117.43 million—from Binance within one hour. The whale now holds a total of 2,616 BTC worth about $269.5 million. Such large-scale withdrawals from exchanges are often interpreted as bullish signals, suggesting long-term holding and reduced selling pressure, which may influence Bitcoin price action and overall market sentiment. Traders should monitor on-chain activity and exchange balances for further trend confirmation. (Source: The Data Nerd via Twitter, May 10, 2025)

According to Lookonchain, a significant whale has created a new wallet and withdrawn 448.14 million HIPPO tokens (valued at $1.05 million) from exchanges in the past two days, making this entity the second-largest HIPPO holder outside of exchange wallets (source: Lookonchain, suiscan.xyz). Alongside this, two whales have collectively accumulated 1.26 billion HIPPO tokens ($2.94 million) from exchanges recently, signaling increased confidence among large investors and potential for price movement due to reduced circulating supply on exchanges (source: Lookonchain, Twitter). Traders should closely monitor HIPPO liquidity and whale activity, as such concentrated holdings can impact short-term price volatility and influence trading strategies.

According to @glassnode, exchange outflows for $OM spiked following its recent low, indicating possible post-liquidation withdrawals or opportunistic buys followed by self-custody. This trend also suggests exchanges may be reducing their exposure to the asset. Such movements are critical for traders to monitor as they can signal shifts in market sentiment and liquidity dynamics.

According to IntoTheBlock, recent data shows significant Bitcoin outflows from exchanges, paired with increased on-chain activity. This suggests a shift of capital from exchanges to on-chain storage, which could impact liquidity and trading strategies as traders may anticipate reduced supply on exchanges, potentially affecting price movements.

According to IntoTheBlock, Bitcoin ($BTC) has experienced the largest weekly exchange outflows since mid-September. This trend indicates strong buying activity as Bitcoin is currently trading less than 10% below its all-time high. Such outflows typically suggest that investors are moving Bitcoin off exchanges, potentially reducing selling pressure and signaling bullish sentiment.