According to the monitoring of on-chain analyst Yu Jin, the address suspected to be Justin Sun's team continues to exchange BTC for WBTC: 5 hours ago, 500 BTC (US$32.12 million) entered Binance through the suspected Binance recharge address of Justin Sun's team, and at the same time, 637 WBTC (US$40.78 million) were withdrawn from Binance to the 0xbE6...1cD address on the Ethereum chain. Since the announcement of the change of WBTC custody rights (8/11), 3,090 BTC (US$188.33 million) have entered Binance through the suspected Binance recharge address of Justin Sun's team, and then 2,590 WBTC (US$155.74 million) were withdrawn from Binance to the 0xbE6...1cD address.