Institutional crypto custodian Ceffu withdrew 120 million USDC over the past 24 hours from Ethena’s Coinbase Prime custody wallet, according to monitoring data cited by BlockBeats and tracked by Onchain Lens. The transfers were split across six transactions. The latest withdrawal took place about six hours ago and totaled 30 million USDC. No additional details on the purpose of the transfers were provided in the source report.
BlockBeats reported on Aug. 24 that institutional crypto custodian Ceffu withdrew 120 million USDC from Ethena’s Coinbase Prime custody wallet over the past day, citing monitoring by Onchain Lens.
The funds were moved in six transactions. The most recent withdrawal was recorded about six hours ago, with that transfer totaling 30 million USDC.
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