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25,177 BTC Moved from Binance Wallets: Real Outflow or Internal Transfer? ๐ค
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 Binanceโs 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