Aug 27 WhaleAlert: Binance Moves 503 Bitcoin (~$55.79M) to Institutional Custody Platform Ceffu

On August 27, COINOTAG reported that WhaleAlert tracked an on-chain transfer of 503 BTC from Binance to its institutional custody platform Ceffu, equivalent to approximately $55.79 million. The movement was recorded on the public ledger with confirmations visible via blockchain explorers and reflects a relocation of assets into Binance’s institutional custody infrastructure. Market analysts monitoring custody flows may reference such transfers when assessing institutional liquidity and settlement activity, while all values cited are based on monitoring data and reported USD valuation at the time of transfer.