Binance Just Got its First Weekly Power Down | Transferring Funds

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Binance jus got its first weekly power down of its 31 M SP.

Look what happened next.

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https://steemd.com/@hkdev404

The hkdev404@hkdev404 account now has 3.6M liquid STEEM and 4M Powered UP, for a total of 7.6M.

Now I'm not sure are this large amounts of STEEM purchased or they were in someone possession who is now just transferring them. Looking at the price (not much affected) looks like those were funds already owned from someone, that are now just transferred around. Maybe some of the Steemit Inc share that was on exchanges? Its unknown.

There are some more withdrawals that happened from Binance and if you want to take a look here is the wallet:

https://steemitwallet.com/@binance-hot/transfers

Here are some of the large transfers:

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The EU bitvavo exchange :)

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There is more than just these two to the bithumbrecv1@bithumbrecv1 account.

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Another exchange :)

Intersting there are few transactions to bittrex as well.

Next a friend of ours:

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And some creative users withdrawals.

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Anyways, the binance-hot@binance-hot account is now dry again with around 200k STEEM.

Binance Just Got its First Weekly Power Down | Transferring Funds | Ecency