Data: 400 million USDT transferred from Binance to anonymous wallet.

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Whale Alert recorded 400,000,000 USDT (approximately $399,851,000) being transferred from Binance to an unknown wallet.

This large-scale transaction was recorded on February 10th, raising concerns about funds moving from exchanges to private wallets. Information is currently limited to on-chain data and the purpose of the transfer has not been stated.

MAIN CONTENT
  • 400,000,000 USDT left Binance for an unknown wallet.
  • The estimated value is approximately $399,851,000.
  • The data was recorded by Whale Alert on February 10th.

on-chain transaction details

Whale Alert recorded 400,000,000 USDT being transferred from Binance to an unknown wallet, equivalent to approximately $399,851,000.

The event, reported on February 10th, is based on data tracking large blockchain transactions. The news report does not provide the receiving wallet address, the transferring network, or the number of transactions, only stating the total amount of USDT and the source as Binance.

Because the destination is described as an unidentified wallet, it is not yet possible to conclude whether this is an institutional withdrawal, internal transfer, or liquidation allocation. The accompanying text emphasizes that this is market information and not investment advice.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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