965,000 SOL transferred from Binance to a new wallet

on October 30, according to Whale Alert monitoring, at 04:11 Beijing Time, a total of 965,455 SOL were transferred from Binance to an unknown new wallet, valued at approximately $95.44 million based on the price at the time of transfer.

The receiving address currently lacks a public tag, making it temporarily impossible to confirm the sender's identity and the purpose of the funds. Transfers of large assets from exchanges to new addresses are typically related to institutional custody, OTC transactions, or wallet consolidation. Specific details will require further on-chain tracking.

TechFlow previously reported that during the same period, Whale Alert also monitored a transfer of 185 million XRP from Binance to a new wallet.