Binance makes a big move!

Binance makes a big move!

Binance makes a big move!

Lookonchain disclosed that two newly created addresses were found to transfer huge amounts of funds on Binance today, which attracted attention. One address withdrew a variety of altcoins worth about 120 million US dollars, including huge amounts of USDT, ETH and massive amounts of PEPE, SHIB, etc.; the other transferred 1,162 BTC, worth nearly 70 million US dollars. Both addresses were established 6 days ago and have test transaction records with Binance, suggesting that the operations behind them may belong to the same entity. This move quickly caused heated discussions in the crypto community, and the market speculated on its motives and impacts, especially the simultaneous transfer of large amounts of altcoins and Bitcoin, which may indicate new market trends.

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