Binance Receives $102.9 Million in USDC as Four Transfers Total $305.3 Million

Four large crypto transfers totaling $305.3 million were recorded in the three-hour window through 7:01 a.m. ET Thursday, Nov. 5, as more value moved to Binance and Wintermute than left Coinbase Institutional. Transfers from unknown wallets to Binance and Wintermute totaled $200.2 million, $95.1 million more than the $105.1 million sent from Coinbase Institutional to unknown wallets. At 5:40 a.m. ET, an unknown wallet moved 102,886,450 USD Coin (USDC), valued at $102.9 million, to Binance. Earlier, at 4:06 a.m. ET, another unknown wallet transferred 1,208 Bitcoin (BTC) worth $97.3 million to Wintermute. Coinbase Institutional sent 662 BTC worth $53.2 million and 646 BTC worth $51.9 million to unknown wallets at 6:55 a.m. ET.

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