4,000 Bitcoin transferred from Binance's cold storage address to the same address
Original headline비트코인 4000개, 바이낸스 분류 주소에서 같은 주소로 이동
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A total of 4,000 BTC, worth approximately $311.6 million, was moved in two transfers of 2,000 BTC each from an address classified as belonging to Binance to a single receiving address on November 1, per Whale Alert data. The transfers occurred at 3:28:47 p.m. and 3:46:23 p.m. KST, with the first valued at $155,875,330 and the second at $155,753,664, both sharing identical sending and receiving addresses. Converted at the Bank of Korea's October 30 USD/KRW rate of 1,336.8, the combined amount equals roughly 416.6 billion won, though this reflects a reference rate rather than the rate at transaction time. Large movements from exchange-tagged addresses are closely watched as potential precursors to selling pressure or internal exchange rebalancing. Market participants will monitor whether the receiving address shows further outflows to exchanges or remains dormant.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
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Bitcoin (BTC), Binance, Whale Alert
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