Back
Matrixport Withdraws $468.17 Million in Bitcoin from Binance within 24 Hours

Matrixport Withdraws $468.17 Million in Bitcoin from Binance within 24 Hours

According to Onchain Lens, Matrixport moved 5,805 BTC worth $468.17 million from Binance in a single day, marking one of its largest recorded Bitcoin transactions.

BTC

Summary

Matrixport withdrew 5,805 BTC, valued at $468.17 million, from Binance in the past 24 hours, according to Onchain Lens. This notable transaction marks one of the company's largest recorded Bitcoin transfers and underscores Matrixport's influential role in high-value crypto movements across exchanges.

Terms & Concepts
  • BTC: Abbreviation for Bitcoin, a decentralized digital currency using blockchain technology.
  • Binance: A global cryptocurrency exchange that facilitates trading of digital assets.
  • Blockchain data: Information recorded on a distributed ledger that stores transaction history securely and transparently.