X-explore: Over 16.3 million APT were deposited to Binance, of which 65% are witch addresses

ChainCatcher news, according to X-explore analysis, as of 8 AM Beijing time on October 20, Binance has accumulated 28,000 users depositing over 16.3 million APT, among which market makers deposited 4.12 million APT, and deposits identified by X-explore as witch addresses account for nearly 40%, exceeding 6.3 million.

In addition, there are more than 7 large witch gangs that have deposited over 50,000 APT. As time goes by, the total amount of deposits continues to decline, but the proportion of deposits from witch addresses to normal users remains basically unchanged, with witch users accounting for over 65% of the total deposits. (source link)