New wallet pulls $4.2M in crypto from Binance

A newly created wallet withdrew roughly $4.2 million from Binance Exchange, 80,126 LINK valued at $1.46 million, 110.34 billion SHIB worth $1.45 million, 3.44 million MATIC totaling $762,000 and 142.62 ETH valued at $552,000, according to Onchain Lens on X. These transactions are typically viewed as moves to hold the assets.