Matrixport-Linked Wallet Deposits 1,000 BTC to Binance

A wallet linked to Matrixport (now known as BIT) deposited 1,000 BTC, valued at approximately 81 million dollars, into Binance on September 19, 2026. This marks the second such deposit within a week, following a transfer of 1,400 BTC four days prior. According to Lookonchain, the wallet has frequently moved large amounts of Bitcoin to the exchange over the past nine months, including a single deposit of 3,000 BTC. Analysts suggest these movements may relate to institutional collateral adjustments or OTC transactions rather than direct sell pressure.