Crypto Transfers Total $622 Million as Ceffu Moves 2,400 Bitcoin to Private Wallet

Six major cryptocurrency transfers totaled $622.0 million during a three-hour window ending at 7:01 a.m. ET on November 11. Institutional custodian Ceffu moved 2,400 Bitcoin valued at $176.9 million to an unidentified private wallet, while $445.2 million in Bitcoin, USDC, and USDT was deposited into Binance and Kraken from unknown addresses. This followed an active session on November 10, which saw 13 transfers moving $1.48 billion, alongside earlier three-hour movements totaling $669.5 million that generated a net exchange inflow of $74.5 million.