Binance Shuffles Billions of Bitcoin
$Binance Coin(BNB.CC$ The world’s biggest cryptocurrency exchange today moved around billions of dollars of its own $Bitcoin(BTC.CC$ —leading some to think that it was withdrawing gargantuan amounts of crypto.
Binance moved over $5 billion in the biggest cryptocurrency since yesterday, representing nearly 30% of the exchange’s net BTC reserve balance.
Binance moved over $5 billion in the biggest cryptocurrency since yesterday, representing nearly 30% of the exchange’s net BTC reserve balance.
Data from Coinglass showed that over 183,080 BTC flowed out of the exchange in 24 hours, prompting some experts to comment on the “unusual” movements—and spooking others.
The movements came just after Binance temporarily paused BTC withdrawals on its platform. But Binance later said that the transfers were nothing to worry about.
The movements came just after Binance temporarily paused BTC withdrawals on its platform. But Binance later said that the transfers were nothing to worry about.
“We’re aware that some data are showing a large volume of outflows from Binance,” the exchange said on Twitter. “This ‘outflow’ [sic] are actually movements between Binance hot and cold wallets due to the BTC address adjustments.”
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Pepperoni Pete :
初听不知曲中意 Pepperoni Pete: How many BTC do you hold
彩虹流星 Pepperoni Pete: It's just normal circulation, no need to make a fuss
Hathaway : Fundsu are safu
YTHP Hathaway: Safety profits are not high
101895607 Hathaway: How much do you hold