Gnosis Safe Proxy Multisig Wallet Moves 28,970 ETH to Binance

According to Lookonchain (blockchain analytics platform), wallet address 0x23A5 transferred about $59.05 million in Ether to the crypto exchange on March 11.

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Terms & Concepts
  • multisig wallet: A crypto wallet that requires multiple approvals to authorize a transaction, adding shared control and security.
  • Gnosis Safe Proxy: A smart contract wallet system that lets users manage digital assets with customizable multi-signature controls.
  • Ether: The native cryptocurrency of the Ethereum blockchain, commonly used for transfers, fees, and smart contract activity.