JUST IN: 5M $FET #FET ($1.43M) transferred from 0x71Ca to #Binance .
This appears to be part of a much larger movement from a custodial service.
Approximately 1 hour ago, a BitGo Hot Wallet transferred a massive 39.36M $FET ($11.5M) to an intermediate address 0x268D.
That intermediate address then sent the 5M $FET batch to the sender wallet, which promptly moved it to the exchange.
The intermediate wallet 0x268D still holds ~34.36M $FET ($10M+).