New Wallet Withdraws 63,678 ETH and 380 BTC Worth Over $44 Million from Binance
On February 3, Onchain Lens reported significant Binance withdrawals by new wallets, including a 380 BTC transaction valued at $29.77 million and a 63,678 ETH move worth $14.73 million.
BTC
ETH
Summary
On February 3, Onchain Lens tracked two major withdrawals from Binance by newly created wallets. One wallet linked to @jacobzhao94 transferred 63,678 ETH valued at $14.73 million, while another withdrew 380.38 BTC worth $29.77 million. Combined, these transactions totaled over $44 million, reflecting notable on-chain asset movements possibly tied to strategic custody shifts or portfolio restructuring.
Terms & Concepts
- ETH: The ticker symbol for Ether, the native cryptocurrency of the Ethereum blockchain.
- BTC: The ticker symbol for Bitcoin, the first and largest cryptocurrency by market capitalization.
- Binance: A major global cryptocurrency exchange offering spot, derivatives, and other digital asset trading services.