Massive MET Withdrawal from Binance Linked to New Wallet

A newly created wallet withdrew 16.97 million Meteora (MET) from Binance in two transfers, totaling about $3.7 million.

2026-02-08

About eight hours ago, a newly created wallet withdrew a total of 16.97 million Meteora (MET) from Binance in two separate transactions, worth approximately $3.7 million. The MET were moved in two transfers from Binance to an external address, highlighting significant MET activity on major exchanges and the scale of this outflow.

Details on the wallet’s origin and any implications for market liquidity, custody, or regulatory scrutiny will likely be monitored by industry observers. MET flows continue to evolve.