HomeTodays NewsBitcoins [BTC] worth $2.5 billion moved in block 578,327 and 578,328; part of transfers linked to Binance
Bitcoins [BTC] worth $2.5 billion moved in block 578,327 and 578,328; part of transfers linked to Binance
May 29, 2019
In block 578,327, a total of 144,076.47 BTCs worth 1.25 billion was moved, costing only $19.42 in fees. The next block, 578,328, also contained a total of 157,157,457.61 BTCs worth 1.35 billion, moved a few minutes after the first block.
Changpeng Zhao aka CZ, CEO and Co-founder of Binance, tweeted a few minutes before the movement, informing the community that the exchange will be moving some funds between cold wallets.
The first transfer was an aggregation of 14 transactions into two separate wallets, 3M219KR5vEneNb47ewrPfWyb5jQ2DjxRP6 and 37tRWwodVmALbJcjw45sDaS4DczriKEezA, each of which hold 579k BTC and 673k BTC, respectively.
The second transfer was an aggregation of 85 transactions into two separate wallets, not similar to the aforementioned, 3QjvmQSvufx54RDAoZdXzkj2WZG7xdvv3i, which has 772k BTCs and 32MHMmESiEYaBeZrCbpxMu6UF7LKDLdBPX, which has 596k BTCs.
Binance confirmed the transfer by retweeting Whale_Alert’s tweet,
However, Whale Alert confirmed that two particular transactions belonged to Binance, the first transfer contained 77,410 BTCs and was sent from multiple wallets to Binance’s cold wallet, 37tRWwodVmALbJcjw45sDaS4DczriKEezA.
77,410 #BTC (667,243,260 USD) transferred from #Binance to unknown wallet