In latest Binance news, the major digital asset exchange has warned users in advance regarding several large transactions set to be triggered by the exchange. The platform claims that they are mostly “internal transfers” and there is nothing to worry about.

For usual wallet maintenance, #Binance will be transferring a large amount of #BTC to another of our addresses.

These addresses can be found listed in our proof-of-reserves.

As part of the transfer, you will also see #BTC move to a new change address – this is not an outflow.

— Binance (@binance) March 5, 2024Binance News: Large Internal Bitcoin Transfers

The exchange issued this cautionary note to on-chain analysts and users. It…

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