Markets· ★★★· bullish·

Fidelity withdraws 282.63 BTC worth $23.08M from Binance for FBTC ETF

  • —Fidelity withdrew 282.63 BTC from Binance via its FBTC ETF wallet
  • —The coins were valued at roughly $23.08 million
  • —The transfer was flagged by Onchain Lens
Why it matters: Moving coins off exchanges into ETF custody reduces the BTC supply available on the open market.
#BTC
Source: PANews
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