An unknown whale transferred 1,999,000,000 Tron tokens (TRX) worth $194 million.
According to on-chain analytics, the whale transferred a large amount from the Binance cryptocurrency exchange to an unknown wallet.
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 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 1,999,000,000 <a href="https://twitter.com/hashtag/TRX?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#TRX</a> (194,212,058 USD) transferred from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> to unknown wallet<a href="https://t.co/vEuLQCvhFb" target="_blank" rel="noopener noreferrer nofollow">https://t.co/vEuLQCvhFb</a>— Whale Alert (@whale_alert) <a href="https://twitter.com/whale_alert/status/1721427301747859583?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 6, 2023</a>
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At the time of publication, the price of TRX remained virtually unchanged. When writing, the token trades at $0.09753, down 0.94%.
Last week, three wallets the same owner could own <a href="https://crypto.news/whale-transferred-6500-bitcoins-as-price-reached-36k/" rel="noopener noreferrer nofollow">moved</a> 6,500 <a href="https://crypto.news/price/bitcoin/" data-type="link" data-id="https://crypto.news/price/bitcoin/" rel="noopener noreferrer nofollow">BTC</a> for the first time in six years. Bitcoins arrived at these three addresses on Nov. 5, 2017.
You might also like: <a href="https://crypto.news/whale-transferred-6500-bitcoins-as-price-reached-36k/" rel="noopener noreferrer nofollow"> Whale transferred 6,500 Bitcoins as price reached $36k </a>
Some BTC came from an address marked on bitinfocharts as&nbsp;F2Pool, which may belong to early miners.
Meanwhile, Binance continues to experience billions of dollars in outflows that began last year. Since November, several billion dollars worth of cryptocurrency assets have been withdrawn from the crypto exchange, according to <a href="https://dune.com/queries/1582039/2633662" target="_blank" rel="noopener noreferrer nofollow">Dune data</a>.
The latest large-scale wave of withdrawal of crypto assets <a href="https://crypto.news/binance-sees-net-outflows-of-69-million-in-one-hour/" rel="noopener noreferrer nofollow">occurred</a> after a lawsuit by the US Securities and Exchange Commission (SEC).
You might also like: <a href="https://crypto.news/cryptoquant-shows-outflows-from-binance-after-cftc-lawsuit/" rel="noopener noreferrer nofollow"> CryptoQuant shows outflows from Binance after CFTC lawsuit </a>

Binance records huge $194m Tron (TRX) withdrawal

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