Bitcoin whale that sold near $89,000 buys back 3,000 BTC at lower prices

A long-quiet wallet withdrew 3,009 BTC worth roughly $228 million from Binance, according to on-chain data from Lookonchain A Bitcoin whale that went quiet for more than a year is back, and it came back with a shopping list. The wallet pulled 3,009 BTC, worth approximately $228 million at the time, off Binance, according to on-chain analytics firm Lookonchain. The timing is the interesting part. This is the same address that previously sent 5,699 BTC to Binance when Bitcoin was trading near $89,000. It is now taking coins back at a noticeably lower price. What the wallet did Lookonchain flagged the activity on November 6, 2026. It described the movement as the address’s first significant on-chain action in over a year. The withdrawals did not happen in one big transfer. They came in several tranches. One batch moved 437 BTC, worth about $33 million. Four more batches moved roughly 643 BTC each. Add those up and you get the 3,009 BTC total. Market coverage of the move rounded that to 3,000 BTC worth $230 million, accumulated over two days. Bitcoin was changing hands at around $75,000 to $76,000 while this was happening. That sits well below the roughly $89,000 level where the same w...