Lookonchain: Today's withdrawal of $120 million in altcoins and 1,162 BTC addresses are backed by the same entity

According to BlockBeats, on July 3, Lookonchain posted on social media that the address that withdrew $120 million worth of altcoin assets from Binance today is the same entity as the address that withdrew 1,162 BTC. They were both created 6 days ago and conducted test transactions with Binance.

BlockBeats previously reported that a newly created address withdrew $120 million worth of crypto assets from Binance 2 hours ago, mainly including 40.7 million USDT, 9,425 ETH, 957.77 billion PEPE, 583.78 billion SHIB, etc.

Another address withdrew 1,161.8 BTC (about 69.56 million US dollars) from Binance 2 hours ago, with an average price of 59,867 US dollars.