Six Binance Withdrawals Total $801.9 Million in Three-Hour Window

Six transfers sent $801.9 million from Binance to unknown wallets in the three hours through 4 a.m. ET Nov. 1, with no exchange-bound transfers among the six tracked moves.

The largest involved 300 million Tether (USDT), valued at $299.9 million. Other transfers included 1,000 Bitcoin (BTC) worth $77.9 million at 1:26 a.m. ET and 2,000 BTC valued at $155.9 million at 1:41 a.m. ET. At 2:28 a.m. ET, 100 million USD Coin (USDC) valued at $100 million moved, followed by another 100 million USDT worth $100 million at 2:43 a.m. ET. A 30,000 Ether (ETH) transfer, valued at $68.2 million, came at 3:46 a.m. ET.

Each transaction ended at a wallet labeled unknown. The transfer directions show the assets left Binance, but do not reveal why the recipients received them or what they plan to do next.