Ceffu Moves $264M in Bitcoin, Ethereum Off Binance After 136.5M USDC Deposit

Ceffu withdrew roughly $264 million in Bitcoin and Ethereum from Binance within 30 minutes, after first transferring 136.54 million USDC to the exchange.

The withdrawals included 59,484 ETH valued at $145.92 million and 1,524 BTC valued at $117.89 million.

Ceffu provides digital-asset custody and liquidity services for institutional clients. 

The transactions came as both cryptocurrencies traded higher. Bitcoin was up 1.2% over the previous 24 hours at $77,678, while Ethereum gained 1.9% to $2,473 at the time of reporting.

Source: Lookonchain