245.04 Million USDT Moved From Binance to Ceffu

A transfer alert reports that 245,039,800 USDT, equivalent to $245,167,125, was sent from Binance to Ceffu (institutional crypto custody platform). The transaction appears to be a large movement of Tether’s dollar-pegged stablecoin between a major crypto exchange and a custody-focused platform. Large exchange-to-custody transfers can reflect internal treasury management, liquidity positioning, or asset safekeeping, but the source text does not specify the reason for this move.

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