<ul><li>Binance transferred 25,177 BTC worth $2.36B on April 25, 2025, sparking market interest in the purpose of the transaction.</li><li>The transfer was an internal movement within Binance's wallets, with no external withdrawals or user involvement observed.</li><li>Binance plans to address the internal wallet transfer in its May 1 Proof of Reserves report to clarify the situation for the market.</li><li>The significant Bitcoin transfer by Binance is seen as a routine step for security and compliance, with exchanges often distributing funds across wallets to manage risk.</li></ul>

Binance Moves $2.36B in Bitcoin: What’s Behind the Massive Transfer?

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