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25,177 BTC Moved from Binance Wallets: Real Outflow or Internal Transfer? šŸ¤”

On April 25, 2025, Binance moved 25,177 BTC from one of their wallets. While the size of the transaction raised questions, all evidence suggests this was an internal movement, not a user withdrawal. Confirmation expected in Binance’s May 1st Proof of Reserves report. What Happened? - Date: 2025-04-25 - Block: #893894 - BTC Moved: 25,177 BTC - USD Value: ~$2.36 billion - Likely Nature: Internal wallet reorganization (not an outflow) These movements are important to track because this size can affect market perception of traders, and the liquidity on exchanges. Why This Looks Internal? - One output address is already known to be owned by Binance (Proof of Reserves).W- The second output address is newly created but has a 90% probability of being Binance-controlled. - No clear signs of external withdrawal or user movement. - Likely done for compliance/security (e.g., to avoid concentration of funds in one address). Statistics for the Nerds - Transaction Hash: `49c99b45152a56580e70604b87faef8567abf4e69e09b78f79da85bf05c80210` - Input Address: `3PXBET2GrTwCamkeDzKCx8DeGDyrbuGKoc` Amount: 45,177.38813160 BTC USD Value: $4,234,476,137 - Output 1: `1Pzaqw98PeRfyHypfqyEgg5yycJRsENrE7` Amount: 20,000 BTC USD Value: $1,874,599,800 Status: Known Binance wallet - Output 2: `32BgTv3NSYbMsBTwDbNNN2GKZPCTJSkqDv` Amount: 25,177.38812659 BTC USD Value: $2,359,876,337 Status: New address, highly likely Binance-controlled