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Binance moves 127,351 BTC worth $2.06 billion from a cold wallet to a new wallet address. Bitcoin price struggles under $16.5k. Más de $2 mil millones en Bitcoin fueron enviados desde Binance a una billetera externa. El hecho encendió las alarmas, pero Changpeng Zhao rápidamente dio While finding new ways to protect the industry, Binance was recording the movement of significant funds across the platform. Earlier today, it was highlighted that a Lookonchain revealed that Binance has indeed transferred all 127,351 BTC from a cold wallet to a new wallet address. The Binance cold wallet is now worth zero. Meanwhile, the community Earlier today, it was highlighted that 127,351 bitcoins worth approximately $2.06 billion were transferred from exchanges to an unknown wallet. The transfer was made at UTC Binance has moved 127,351 Bitcoin (CRYPTO: BTC) worth $2 billion from its proof-of-reserves to demonstrate its control over a wallet, which received a huge transfer on JUST IN: 127,351 BTC ($2 billion) have been transferred from Binance to an unknown wallet. This transfer was made at UTC and the fee involved in the

127,351 Bitcoin Worth $2 Billion Exits Binance: What's Happening?

The cryptocurrency world is buzzing after a massive movement of 127,351 Bitcoin (BTC) worth approximately $2.06 billion from Binance. This transfer, made at UTC, has sparked speculation and concern within the crypto community.

Binance Moves $2 Billion in Bitcoin: Proof of Reserves or Something More?

Earlier today, it was highlighted that Binance moved 127,351 BTC worth $2.06 billion from a cold wallet to a new wallet address. JUST IN: 127,351 BTC ($2 billion) have been transferred from Binance to an unknown wallet. Some reports suggest Binance has moved 127,351 Bitcoin (CRYPTO: BTC) worth $2 billion from its proof-of-reserves to demonstrate its control over a wallet, which received a huge transfer.

Lookonchain revealed that Binance has indeed transferred all 127,351 BTC from a cold wallet to a new wallet address. The Binance cold wallet is now worth zero. Más de $2 mil millones en Bitcoin fueron enviados desde Binance a una billetera externa. El hecho encendió las alarmas, pero Changpeng Zhao quickly addressed the situation, likely to assure users.

Why the Bitcoin Transfer?

While finding new ways to protect the industry, Binance was recording the movement of significant funds across the platform. Earlier today, it was highlighted that 127,351 bitcoins worth approximately $2.06 billion were transferred from exchanges to an unknown wallet. This transfer was made at UTC and the fee involved in the transaction, while minimal, has also been noted.

Bitcoin Price Impact

Adding to the unease, the Bitcoin price struggles under $16.5k. The community is closely monitoring the market to see if this large transaction will have a further negative impact. Whether this transfer is simply related to proof of reserves, internal wallet management, or something else entirely remains to be seen. Stay tuned for updates as this story develops.

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