Binance transfers 1,050 BTC worth $67.1 million to Ceffu

The latest move adds to roughly 3,000 BTC worth $192 million sent to the former Binance Custody over the past 30 days, according to PANews citing Onchain Lens.

BTC

Summary

Binance transferred 1,050 BTC worth $67.1 million to Ceffu, the custody platform formerly known as Binance Custody. The transaction was reported on July 10 by PANews, which cited Onchain Lens. Over the past 30 days, Binance has moved about 3,000 BTC worth $192 million to Ceffu through more than 12 transactions, indicating a continued flow of Bitcoin into the affiliated custodial service.

Terms & Concepts
  • BTC: Ticker symbol for Bitcoin.
  • custody platform: Service that holds and safeguards digital assets for clients.