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Binance CEO explains 127K BTC transfer, points to proof-of-reserve audit

Binance sent 127,351 Bitcoin (BTC), or more than $2 billion, to an unknown wallet on Nov. 28, Whale Alert reported on Nov. 28. According to on-chain data, the transaction occurred at 10:00 am UTC, costing Binance a fee of just 0.000026 BTC ($0.42).

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Source: Cryptocurrency - investing.com

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