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Ceffu Transfers $81.25M in Bitcoin to Binance Amid Rising Volatility

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By on September 18, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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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.

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