TechFlow news, on August 15, according to Embers' monitoring, a new address was created recently following the WBTC custody change controversy and has accumulated 1,605 WBTC—worth approximately $94.62 million—within three days. On August 11, BitGo announced a joint venture with BiT Global to transfer WBTC custody to a new jurisdiction, prompting some protocols and institutions to halt WBTC usage due to potential risks. The next day, this address began withdrawing large amounts of WBTC from Binance, with an average acquisition price of $58,920.
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