Binance will sell out 356M BTS in next 3 months

[bitcrab]

In 8th Nov, totally 200M BTS are sent from binance BTS wallet account   binance-bitshares-tss to gate and MEXC.

according to binance's announcement in 12th Aug, binance will perform a conversion of BTS to USDC based on user's holdings in their binance wallet and return U to users, the conversion will be completed by 2025/3/1.

so it's clear that now binance began the "conversion" - in other words, they will sell out the total 356M BTS in CEX like gate and MEXC before 2025/3/1.