Data: A certain whale address withdrew over 12 million USD in altcoins and tokenized assets from Binance, suspected to be institutional fund allocation

According to Arkham monitoring, a whale address 0xB80 has continuously withdrawn altcoins and tokenized assets from Binance within just one day, with a total withdrawal amount exceeding 12 million USD. Currently, its top five holdings are 37.0589 billion PEPE (worth 1.61 million USD), 370 PAXG (worth 1.43 million USD), 12,814 AAVE (worth 1.4 million USD), nearly 770,000 PENDLE (worth 1.17 million USD), and 1.98 million VIRTUAL (worth 1 million USD).

Analysis suggests that this behavior is not typical trading activity; it is more likely that institutions or market makers are withdrawing funds from exchanges. Considering the scale of continuous withdrawals and the types of assets involved, the market speculates that this whale address may be preparing for a new capital allocation, but the specific purpose remains unclear.