999 Bitcoin Worth About $80.34 Million Moves to Binance

A transfer of 999 Bitcoin (BTC), worth about $80.34 million, moved from an unidentified wallet to Binance; the transfer does not establish a sale. The available details do not identify who controlled the sending wallet or why the coins moved. A transfer to an exchange does not show whether any of the Bitcoin was subsequently traded. Binance accounted for 42.7% of spot cryptocurrency trading in the third quarter. That figure describes trading across the exchange; it does not establish any trading tied to this transfer. Enna Lee reports on investing and digital-asset markets for TokenPost.