According to Lookonchain's social media post, the address of the $120 million counterfeit products withdrawn from Binance today is the same entity behind the address of the 1,162 BTC withdrawn, which were created 6 days ago and tested with Binance. Previously, it was reported that a new address withdrew $120 million worth of crypto assets from Binance 2 hours ago, mainly including 40.70 million USDT, 9,425 ETH, 957.77 billion PEPE, 583.78 billion SHIB, etc. Another address withdrew 1,161.8 BTC (about $69.56 million) from Binance 2 hours ago, with an average price of $59,867.