Institutional custody provider Ceffu moved significant funds through Binance over the past 30 minutes, according to Techub News, citing on-chain tracker @lookonchain. The firm first deposited $136.54 million in USD Coin (USDC) to the exchange. It then withdrew 1,524 Bitcoin (BTC), valued at about $117.89 million based on the figures provided in the report. Ceffu also withdrew 59,484 Ether (ETH), worth roughly $145.92 million. The activity involved both a large stablecoin transfer into Binance and sizable withdrawals of BTC and ETH from the platform within a short time window. The report did not provide additional context on the purpose of the transfers.
Institutional custody provider Ceffu deposited $136.54 million in USD Coin (USDC) to Binance over the past 30 minutes, according to Techub News, citing @lookonchain.
After that, Ceffu withdrew 1,524 Bitcoin (BTC), worth about $117.89 million based on the figures in the report. It also withdrew 59,484 Ether (ETH), valued at roughly $145.92 million.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
