The post Ceffu Transfers $81.25M in Bitcoin to Binance Amid Rising Volatility appeared first on Coinpedia Fintech News
Ceffu, a major crypto custody platform, transferred significant amounts of Bitcoin to Binance. In just an hour, Ceffu deposited 1,347 BTC worth $81.25M into Binance, increasing the supply amid a pullback in Bitcoin. As Ceffu continues its trend of large transactions, it has moved 16,123 BTC worth $952M to Binance at an average price of $59,043. With Bitcoin currently breaching under $60,00, the sell-off phase of Ceffu warns of a deeper pullback.