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BIT.com-linked wallet moves 1,000 BTC worth $81.06M to Binance

A wallet tied to BIT.com (bc1qsz…r2g) transferred another 1,000 BTC, worth $81.06 million, to Binance, on-chain monitor Lookonchain reported on September 19. The transfer marks a repeat deposit of the same size from the BIT.com-related address to the exchange.

Original source

AI take

The signal here is the repetition, not the size: the same BIT.com-linked address has now sent an identical 1,000 BTC batch to Binance before, which points to a deliberate, staged transfer pattern rather than a one-off treasury move. Exchange inflows of this kind matter because they put coins in a venue where they can be traded or used as collateral, so the open question is whether this becomes a recurring cadence and whether the receiving balance is drawn down or simply parked. Worth watching whether other BIT.com-linked addresses follow.

Generated by AI for reference only.

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