# Binance Sends $1.29 Billion in Crypto to Unknown Wallets in Three Hours

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/45838
Published: 2026-11-01T12:03:09.000Z
Updated: 2026-11-01T12:03:09.000Z
Section: Investing

> A $299.9 million USDT transfer was the largest of 10 moves. Two transfers from unidentified wallets to Binance totaled $221.6 million.

Transfers from Binance to unidentified wallets totaled $1.29 billion in the three hours through 7 a.m. ET Sunday, more than half of the $1.77 billion in large crypto movements during the period.

The largest of the 10 transfers was 300 million Tether USDt (USDT), valued at $299.9 million, sent from Binance to an unidentified wallet at 4:16 a.m. ET Nov. 1. Other transfers from Binance to unidentified wallets included 3,000 Bitcoin (BTC) worth $234.4 million, 200 million USD Coin (USDC) valued at $200.2 million and 200 million USDT worth $200 million.

Two transfers from unidentified wallets to Binance involved 1,600 BTC worth $125.1 million at 5:18 a.m. ET and 1,237 BTC worth $96.5 million at 6:21 a.m. ET. Another 253,043,652 USDT, valued at $253 million, moved from an unidentified wallet to an unidentified new wallet at 6:22 a.m. ET.

The transactions show where the funds moved, but do not establish what the wallet owners intended.