Ceffu Moves Millions in USDC, BTC, and ETH on Binance

A Ceffu-linked address has made a series of high-value transactions on Binance. According to blockchain tracking firm Lookonchain, the address deposited $136.5 million in USDC into Binance before withdrawing approximately $263.8 million in BTC and ETH over the past 30 minutes.

The move reflects typical activity for institutional custody platforms like Ceffu, which rebalance assets across exchanges and wallets to facilitate trading or client requests.

The deposit of USDC suggests a potential intent to purchase crypto assets or provide liquidity, while the subsequent withdrawals indicate the platform may be moving these holdings to cold storage or fulfilling withdrawal requests from institutional clients.