A newly created address bought 1,953 WBTC from Binance. It is suspected that Justin Sun team is exchanging BTC for WBTC.

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ODAILY
08-20
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According to the Odaily of on-chain analyst Yu Jin, after the announcement of the change of WBTC custody rights, Justin Sun address transferred a total of 2,590 BTC (US$156.41 million) to Binance. Subsequently, a newly created address on the Ethereum chain began to withdraw WBTC from Binance, and a total of 1,953 WBTC (US$117.78 million) have been withdrawn so far. In terms of time and motivation, this is likely that Justin Sun team is exchanging BTC for WBTC.

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