On Oct. 5, Bitcoin hit an all-time excessive of $123,200. A number of hours later, one pockets made a switch that nearly eclipsed the file. Deal with “3NVeX” despatched out 1,550 BTC in two installments: 800 BTC first after which 750 BTC. The pockets despatched each of them straight to Binance. At market costs, the mixed weight was just below $200 million.
When the transfers cleared, the pockets stability confirmed a bit greater than 1 BTC. What was a nine-figure place was all the way down to virtually nothing in lower than an hour.
🚨 🚨 🚨 🚨 🚨 800 #BTC (100,021,730 USD) transferred from unknown pockets to #Binancehttps://t.co/V3BF66Ybqm
— Whale Alert (@whale_alert) October 5, 2025
Binance grew to become the touchdown floor for your entire transfer. On-chain explorers recorded the deposit tags as belonging to the change, leaving little question about the place they have been going.
Nothing within the transactions instructed any inside modifications or middleman addresses, presenting a uncommon direct deposit of this scale with out further routing or masking constructions connected.
Bitcoin value outlook
Value knowledge was key to understanding the transfer. Bitcoin had reached $125,559 earlier than dropping again to $122,900. That was the market scenario that led to the pockets being emptied, a backdrop that bolstered how giant transfers typically arrive throughout excessive ranges of exercise, when file costs open home windows for decisive motion by vital holders.
One tackle, two transactions, $200 million, stability all the way down to virtually nothing. It is an ideal instance of how a whale strikes: not secretly, not in numerous small jumps, however in broad daylight on the actual second Bitcoin hit a brand new value excessive.
