He Yi: Most large transfers are from Binance cold wallets to new hot wallets

Binance co-founder He Yi stated that most large transfers are from the Binance cold wallet to the new hot wallet of Binance.

He Yi was responding to X user yurihanachan98's inquiry about several large transfers. This user asked in a post discussing large transfers on Binance, which whales are involved in these transfers amounting to hundreds of millions of dollars.