Newly Created Wallet Withdraws $118M Worth Of Crypto From Binance

In a truly unprecedented event, a newly created wallet has accumulated a staggering amount of two cryptocurrencies from the centralized exchange, Binance. The latest update from EmberCN, an on-chain tracker, has revealed the withdrawal of over 7K ETH (Ethereum) and 9K USDT (Tether) by this new wallet in the past day, setting off a wave of discussions and speculations in the cryptocurrency space.