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XRP on Verge of Bull Market Again? Shiba Inu Lifesaver Support Is Here, Ethereum Wants $4,000 Badly Diving deeper into the data we can learn that the address"bc1qm34" hosted by the exchange transferred millions of tokens to"1126a" in one tranche. This address is relatively fresh and was activated a month ago by a transfer from the same Binance - for 89,668
In general, all interactions of this address are related to Binance, as well as the address"bc1q7." That is, funds move only between these three addresses. A deeper dive through Arkham Intelligence data, however, reveals that the address in question may belong to Ceffu - an institutional digital asset platform offering custody and liquidity solutions. The second address, however, also belongs to the platform and is its custodial address. It now holds 250.219 BTC worth $17.45 million.
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