2 btc withdrawal from exchange

[Insufficient]

There is a news going around about a single wallet address that took out a good number of bitcoin from binance and one other exchange. This could be so he could transfer his funds to a safer hardware wallet as many thinks, but there is just so much speculation. Want to know your thoughts about this kind of very timely as the market is bleeding and bitcoin hits it's all time low for this year.
Here is the link  https://zycrypto.com/whale-movement-618-million-worth-of-btc-moved-from-binance-to-unknown-wallet-amidst-crypto-bear-markets/

[tabas]

Is that website even a good and legit source of news when it comes to this? are you the owner of that site?
109k bitcoin, a serious whale transfer. 
To make it easier to read for others, this is the TXID: https://www.blockchain.com/btc/tx/b0a67b6a06f146b6cbcd39c75742bf15799c50d010eef96b68d136fd48573cd6

[pooya87]

Is that website even a good and legit source of news when it comes to this?

no, that site is one of the most click-bait-y websites around. and it is only publishing some nonsense that was started online!

To make it easier to read for others, this is the TXID: https://www.blockchain.com/btc/tx/b0a67b6a06f146b6cbcd39c75742bf15799c50d010eef96b68d136fd48573cd6

that address is most probably Binance's multi signature cold storage. specially since it has received multiple deposits from this address (16ftE...) and some of them are small like 0.1. payments of that small size are not done from the cold storage (16ftE...)

even if my assessment is wrong, so what? this kind of huge transactions are common on bitcoin network. big whales are buying and selling bitcoin all the time! usually they hide their tracks better.