CryptoQuant: Binance's Oct. 29 BTC outflows split into ~1,000 BTC chunks
- —Typical Binance BTC withdrawals show a median 16 inputs and 11 outputs, with change returned to the exchange
- —On Oct. 29, BTC was consolidated in 11 transactions, then split into ~1,000 BTC chunks over 17 steps
- —About 167,000 ETH left 14 Binance wallets via an EIP-7702 batch call signed by an external account
- —1.615 billion USDT moved in a single transfer to a brand-new address
Why it matters: The transfer pattern departs from the exchange's normal behavior, deepening questions about how the breach was executed and where the stolen funds went.
Source: Koin Bülteni