Institutions Withdraw Significant Amounts of BTC from Binance

According to OnchainDataNerd, institutions are continuing to withdraw substantial amounts of Bitcoin from exchanges. Recently, Cumberland withdrew 300 BTC, approximately valued at $18.36 million, while Ceffu withdrew 246.33 BTC, approximately valued at $14.99 million, both from Binance.
SourceThe Data Nerd
@OnchainDataNerdThe Data Nerd (On a mission to make onchain data digestible)