Newly Created Wallet Withdraws 300 Bitcoin From Binance, Onchain Lens Reports

According to Onchain Lens, the transfer moved 300 Bitcoin valued at $20.43 million from Binance to a newly created wallet.

BTC

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Terms & Concepts
  • On-chain data: Blockchain transaction records that can be publicly tracked and analyzed in real time.
  • Wallet: A blockchain address or application used to store, send, and receive digital assets like Bitcoin.
  • Bitcoin withdrawal: A transfer of Bitcoin from an exchange to an external wallet, often used for self-custody or asset movement.