A post by @whale_alert on X.

A wallet linked to Ceffu moved 2,314 BTC, valued at roughly $172.2 million, to an unidentified address, according to Whale Alert. The transfer stands out for its size and for Ceffu’s role as Binance’s institutional custody partner, which can make large outflows a signal of client repositioning rather than outright selling. Because the destination wallet is unlabeled, it is not yet clear whether the coins were moved internally, sent to another custodian, or prepared for a sale. Traders will watch whether the receiving address consolidates, forwards funds to exchanges, or returns to Ceffu, and whether similar large transfers follow.