# BIT-Linked Wallet Transfers 11,000 Ether Worth $29.45 Million to Binance

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/23582
Published: 2026-09-24T05:47:53.000Z
Updated: 2026-09-24T05:47:53.000Z

A wallet linked to BIT, formerly known as Matrixport, transferred 11,000 Ether (ETH) to Binance in a transaction valued at about $29.45 million on Sept. 24.

The ETH had moved from a BIT deposit address into the wallet during the previous three hours as part of an internal consolidation. The wallet then sent the full 11,000 ETH balance to Binance.