Binance will be moving $XRP and $LINK, that are collateral for Btokens, into dedicated wallets. These assets are currently in cold storage, therefore Binance will be updating the wallet addresses that hold the Btoken collateral – during this period, Binance clients may notice some large transactions between these wallets.

The company posted the following messages on social media:

“Binance will be moving the following assets, that are collateral for Btokens, into dedicated wallets.

• $XRP
• $LINK

These assets are currently in cold storage, therefore we will be updating the wallet addresses that hold the Btoken collateral – during this period, you may notice some large transactions between these wallets.

Rest assured that funds are SAFU”.