Two newly created wallet addresses withdrew a combined 6,765 BTC from Binance about 40 minutes before the report, according to on-chain tracker Lookonchain. At current prices, the transferred Bitcoin was valued at roughly $441 million. PANews reported the transaction on July 27, citing Lookonchain. The movement involved newly created addresses and a direct outflow from Binance, making it a notable large-scale transfer on-chain. No additional details on ownership or intent were disclosed in the report.
Two newly created wallet addresses withdrew a combined 6,765 BTC from Binance about 40 minutes before the report, according to Lookonchain.
At current prices, the Bitcoin moved was worth about $441 million. PANews reported the transfer on July 27, citing Lookonchain.
The report said the outflow went to two newly created wallet addresses from Binance. No further details were provided.
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.