BIT-linked address deposits 11,000 ETH worth $29.45 million into Binance

  • A BIT-linked wallet transferred 11,000 ETH to Binance on Sept. 24.
  • The 11,000 ETH transfer was valued at about $29.45 million.
  • BIT, formerly Matrixport, consolidated the ETH into one wallet beforehand.

A wallet linked to BIT, formerly Matrixport, transferred 11,000 ETH valued at about $29.45 million to Binance on Sept. 24. The transfer followed an internal consolidation in which the ETH was moved from BIT-linked deposit addresses into one wallet over the preceding three hours, BlockBeats reported, citing Arkham monitoring.

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