Bitcoin

<p>Rumors swirling around the prominent centralized crypto exchange, Binance, have prompted a noticeable exodus of Bitcoin (BTC) from the platform by concerned investors. </p>   
<p>In response, the exchange's founder and CEO, Changpeng Zhao (CZ), has labeled these rumors an attempt to spread 'fear, uncertainty, and doubt' (FUD).</p>   
<p>A striking event occurred on August 23, as highlighted by the Whale Alert account on Twitter. Within the span of a single minute, five distinct withdrawals were recorded.</p>   
<p>These withdrawals collectively accounted for a staggering 5,729 BTC, equivalent to approximately $150 million. It's noteworthy that while these transactions were executed independently, they were all grouped within the same Bitcoin block, specifically at block height 804522. This grouping resulted in their simultaneous registration.</p>   
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<p>Although these withdrawals had various recipients, one address, in particular, stood out due to its substantial holdings. The enigmatic address "1KNm4…rA72p" emerged as the key player, currently boasting ownership of 5,434 BTC at the time of this article's publication.</p>   
<p>In response to the mounting concerns, Binance's CEO, CZ, addressed the situation by asserting that these rumors are aimed at creating unwarranted anxiety and confusion within the crypto community. </p>   
<p>While the platform's reputation remains under scrutiny, CZ urged users to remain cautious of sensationalist claims and to rely on verified information.</p>  
<p>The post <a rel="noopener noreferrer nofollow" href="https://optimisus.com/news/crypto-news/over-5000-btc-withdrawn-from-binance/">Over 5,000 BTC Withdrawn from Binance</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://optimisus.com">Optimisus</a>.</p>

Over 5,000 BTC Withdrawn from Binance

Optimisus

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