This morning, the world’s largest cryptocurrency exchange Binance made dozens of large transfers from its main wallets to third-party addresses, according to the report of Twitter channel called Whale Alert.
Thus, in one transaction, the cryptocurrency exchange moved almost 99 million BNB taht are estimated at about 512 million dollars and are equal to almost 80% of BNB trade daily volume. It was also stated that the exchange also made a lot of other transactions with other tokens. There are such tokens like BAT, ETH and stablecoins like USDC and TUSD.
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 855,937 #ETH (101,476,885 USD) transferred from #Binance to Unknown wallet
— Whale Alert (@whale_alert) November 29, 2018
Tx: https://t.co/oUfUMk6w6s
Binance users, expectedly, began to panic and contact customer support, and some even suggested that moving the BNB could indicate that the company was ready to launch its own blockchain.
CEO of Binance Changpeng Zhao responded to the situation by retwelling a message published a month ago about the plans of the exchange to move its reserves between wallets.
I hope I don't have to retweet this too many times... Already clearly explained how to check for a new cold wallet addresses, in detail. People just have to look at the blockchain. https://t.co/KKEIHt0Mwu
— CZ Binance (@cz_binance) November 29, 2018
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