Binance transferred 1.05K BTC ($67.1M) to Ceffu custody; $192M moved over 30 days.
Macro & Markets ·
Binance moved 1,050 BTC—worth approximately $67.1 million—to Ceffu in a single transfer. Over the past 30 days, the exchange has sent roughly 3,000 BTC ($192 million) to the custody provider across more than a dozen separate transfers. Ceffu was previously known as Binance Custody before undergoing a rebranding.
The transfers represent ongoing movement of digital assets to a dedicated custody solution. The pattern of multiple deposits over a month-long window suggests routine capital management rather than a one-time event. Whether these movements reflect preparation for institutional client onboarding, operational restructuring, or standard asset allocation remains unclear from the available data.