📋 What Happened
A wallet identified with Gnosis Safe activity executed a withdrawal of 20,520 ETH from Binance.
YouToCoin
ETH withdrawals from exchange-controlled wallets typically require internal compliance and sign-offs by the exchange before landing on-chain in the destination address.
🧠 What “Gnosis Safe” Means
Gnosis Safe (now often just called Safe) is a popular multisignature smart contract wallet on Ethereum.
It’s widely used by individuals, DAOs, institutions and teams that want multiple signers (e.g., “2 of 3”) required to authorize transactions.
The on-chain label doesn’t guarantee who controls the wallet or why funds are being moved — it just reflects the wallet type.
Ethereum Stack Exchange
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