Binance transferred 4.545 BTC (approximately 305 million USD) from Binance to the Binance SAFU Fund at 20:57 (Vietnam time) on 12/02, according to tracking data from Whale Alert.
The transaction was recorded in the context of the market closely monitoring large-scale cryptocurrency transfers between exchange-related wallets and the reserve fund.
MAIN CONTENT
Whale Alert recorded the transfer of 4.545 BTC to the Binance SAFU Fund.
The estimated value is approximately 305 million USD.
Time: 20:57 (Vietnam time) on 12/02.
Details of the transaction of 4.545 BTC to the Binance SAFU Fund
At 20:57 (Vietnam time) on 12/02, 4.545 BTC was transferred from Binance to the Binance SAFU Fund, with an estimated value of about 305 million USD.
According to records from the Whale Alert monitoring system, the transaction occurred at 13:57 Beijing time, corresponding to 20:57 in Vietnam. The amount of cryptocurrency transferred is 4.545 BTC, and the converted value at the time of reporting is about 305 million USD.
The flow of funds is described as moving from Binance to the Binance SAFU Fund, meaning between entities/wallets associated with Binance. The original content does not provide any additional wallet addresses or transaction codes, nor does it specify a particular purpose beyond confirming the transfer event.
Context of monitoring large-scale cryptocurrency flows
Large-value BTC transfers are often monitored by analysts as they can influence market sentiment, although the original content does not draw any conclusions.
In the report, Whale Alert only provides data on the time and volume of BTC transferred, along with an estimated value in USD. There is no additional information on whether this BTC was listed on an exchange for trading or is merely an internal transfer between wallets/funds.
The original content emphasizes that this is market information and not investment advice.
Source: https://tintucbitcoin.com/quy-safu-binance-nhan-4-545-btc-305m-usd/
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