Bitcoin Worth $2 Billion Transferred from Binance on Market Dip

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Bitcoin Worth $2 Billion Transferred from Binance on Market Dip
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$2 billion worth of BTC transferred from unknown Binance wallet Bitcoin $BTC Crypto

This garnered a whole lot of speculation on Crypto Twitter, given that the market remains under pressure with Bitcoin down 2% at $16,221.took to Twitter to clarify that $2 billion worth of BTC was moved as part of the proof-of-reserve audit. According to him, the auditor needed a specific amount of BTC to be sent to show how Binance wallets were controlled.

This is part of the Proof-of-Reserve Audit. The auditor require us to send a specific amount to ourselves to show we control the wallet. And the rest goes to a Change Address, which is a new address. In this case, the Input tx is big, and so is the Change. Ignore FUD!

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