According to Lookonchain, a previously dormant wallet transferred 300 BTC valued at $31.1 million to a new address after 11 years of inactivity. This wallet originally received 300 BTC worth $134,000 in 2013 when Bitcoin traded at $447. The significant movement of such a large, long-term holding may signal upcoming market volatility or liquidation pressure on BTC trading pairs, as large whale transactions can precede short-term price fluctuations. Traders should closely monitor on-chain activity and exchange inflows for potential impact on Bitcoin's price momentum (Source: Lookonchain via Twitter, intel.arkm.com).

According to Lookonchain, a newly created wallet withdrew 420 BTC, valued at $39.2 million, from Binance just one hour ago (source: Lookonchain via Twitter, April 30, 2025; intel.arkm.com). Large-scale Bitcoin outflows from centralized exchanges like Binance are often viewed as bullish indicators by traders, suggesting a potential reduction in immediate sell pressure and a move towards long-term holding. Market participants should closely monitor on-chain flows and BTC supply on exchanges for further trading opportunities, as such withdrawals can impact short-term price volatility and liquidity.