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Binance Shifts $4.4 Billion in Bitcoin as Crypto Exchange Temporarily Pauses BTC Withdrawals – What's Going On?

Binance has moved a large stash of Bitcoin between its crypto wallets over the weekend as the platform halted BTC withdrawals citing network congestion. According to an analysis of on-chain data by CryptoQuant’s Head of...

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Binance Shifts $4.4 Billion in Bitcoin as Crypto Exchange Temporarily Pauses BTC Withdrawals – What's Going On?
Binance has moved a large stash of Bitcoin between its crypto wallets over the weekend as the platform halted BTC withdrawals citing network congestion. 
According to an analysis of on-chain data by CryptoQuant’s Head of Research Julio Moreno, Binance moved about $4.4 billion worth of BTC across its digital-asset wallets on Sunday in two tranches of 117,000 and 40,000 coins. ...
Read More: Binance Shifts $4.4 Billion in Bitcoin as Crypto Exchange Temporarily Pauses BTC Withdrawals – What's Going On?

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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