Multiple Whale Addresses Withdraw Over 2,500 BTC from CEX

According to Lookonchain monitoring, a number of giant whale addresses have been withdrawing bitcoin from the exchange recently. Among them, the address bc1qcp withdrew 1350 BTC (about 142 million US dollars) from Binance 8 hours ago, and the current total holdings reached 219 million US dollars; bc1qpu (suspected of being associated with Abraxas Capital) withdrew 675 BTC from Kraken; the new address bc1q5k also withdrew 500 BTC from Binance 17 hours ago.