Wallet 0xB80 Withdraws More Than $12 Million From Binance

Wallet 0xB80 withdrew more than $12 million in altcoins and tokenized assets from Binance over roughly one day, moving a sizable amount of assets off the exchange.

The wallet’s five largest reported holdings ranged in value from $1 million to $1.61 million. The wallet’s owner was not identified, and the reason for the withdrawals was not specified.