Ceffu, a crypto assets management firm, has made a significant deposit of 1,347 Bitcoin (BTC) to Binance, worth approximately $81.25 million, according to data from Lookonchain. This trend has been observed over the last three months where Ceffu has made a total of 16,123 BTC deposits which are equivalent to approximately $952 million at an average price of $59,043.
Recent Transfers by Ceffu
On September 17, Ceffu also transferred 28,865 ETH, which is approximately $66.74 million, and 450 BTCs, which is approximately $26.5 million, to Binance. These transactions show that Ceffu has been steadily keen on operating and trading its digital assets across popular cryptocurrency platforms.
Ceffu's Commercial Operations and Services
Ceffu works as an institutional digital asset solutions company which offers Custody and Liquidity services primarily for the secure utilization of crypto assets. It is created to accommodate different needs and requirements of diverse users, such as huge financial institutions, investors, and companies focused on cryptocurrencies.
Ceffu's Commitment to Compliance
To maintain compliance and security, Ceffu has laid significant efforts in configuring a secure, audited platform on which it operates. Such a commitment enables the platform to respond effectively to the increasing demands of its international users in a changing world of cryptocurrencies. These recent deposits, reported by Lookonchain, indicate that Ceffu is currently operating in the market and is committed to fostering institutional adoption of cryptocurrencies.
As institutional investment continues to grow, Ceffu is well-positioned to support this evolving landscape. While getting more interest from the institutional players, this approach of Ceffu may open the path for more large-scale investments in the crypto sector.
Comments