The move has caught the attention of analysts and traders, sparking renewed speculation about the intentions behind such a significant transfer. While large-scale outflows don’t automatically signal a market rally, they are commonly associated with institutional accumulation — a factor that often precedes heightened market volatility or directional price shifts. Not Just One-Off Events: The Bigger Trend Matters Historical patterns offer important context. In early 2021, major BTC outflows coincided with bullish sentiment but were soon overshadowed by China’s sweeping crypto ban, which triggered a sharp market correction between April and May
source: https://coindoo.com/binance-sees-third-largest-bitcoin-outflow-in-history/