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Ceffu Pulls $263 Million in Bitcoin and Ethereum off Binance in 30 Minutes

News.Bitcoin.com
Ceffu Pulls $263 Million in Bitcoin and Ethereum off Binance in 30 Minutes

Ceffu, Binance’s institutional custody partner, deposited 136.54 million USDC onto Binance and then withdrew 1,524 BTC and 59,484 ETH worth a combined $263.8 million in a single 30-minute window on Aug. 24. A Familiar Custody Pattern Repeats Onchain sleuths reported that Ceffu deposited 136.54 million USDC into Binance before pulling 1,524 BTC (worth $117.89 million) […]

Key Takeaways

  1. Ceffu, Binance’s institutional custody partner, deposited 136.54 million USDC onto Binance and then withdrew 1,524 BTC and 59,484 ETH worth a combined $263.8 million in a single 30-minute window on Aug.
  2. A Familiar Custody Pattern Repeats Onchain sleuths reported that Ceffu deposited 136.54 million USDC into Binance before pulling 1,524 BTC (worth $117.89 million) […]
  3. Read the full article for additional context and details.
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.