BNB Destination Disputed: Coinbase Prime or Another Wallet
Coinfomania and crypto.news agree on the size of a U.S. government crypto transfer but disagree on where the BNB portion ended up.
Coinfomania and crypto.news agree on the size of a U.S. government crypto transfer but disagree on where the BNB portion ended up.
What all sources agree on
- U.S. government-linked wallets transferred 833.6 BTC worth about $71.6 million.
- 40,285 BNB valued at approximately $31.6 million was also transferred.
- The combined transfer totaled approximately $103 million.
- Government-linked wallets still hold around $28 billion in crypto assets, including roughly 324,000 BTC valued at $27.7 billion.
- The Bitcoin portion of the transfer was sent to Coinbase Prime.
Where the reports disagree
1Whether the 40,285 BNB was sent to Coinbase Prime or to a different address
U.S. government-linked wallets moved 833 BTC to Coinbase Prime… 40,285 BNB worth around $31.6 million was also sent.
The $71.56 million in Bitcoin was sent to Coinbase Prime, while the BNB moved through several addresses before reaching 0xBE7…81E.
What would settle it: On-chain transaction records tracing the 40,285 BNB from the originating government-linked address to its final destination.
What to make of it
Treat the BTC transfer to Coinbase Prime and the overall $103 million figure as established, but the final destination of the BNB is unresolved until on-chain records showing the BNB’s final address are checked.
Treat the BTC transfer to Coinbase Prime and the overall $103 million figure as established, but the final destination of the BNB is unresolved until on-chain records showing the BNB’s final address are checked.
Original source: AltcoinGordon
Syndicated coverage. Originally reported by altcoingordon.com.
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