16276 BTC transferred from unknown wallet to Binance

Whale Alert monitoring shows that at 12:42 Beijing time, 16,276 BTC (worth $1,006,601,602) were transferred from an unknown wallet to Binance.

According to Arkham data, the funds came from Binance User Security Asset Fund (SAFU). Earlier today, it was reported that Binance announced that it would convert all of its $1 billion user security fund assets into USDC. #BTC🔥🔥🔥🔥🔥🔥 #WhaleAlert #Arkham #SAFU