Golden Finance Report: According to on-chain analyst Ju Jin's monitoring, after the announcement of the change in custody rights for WBTC, Justin Sun's address transferred a total of 2,590 Bitcoins (BTC), valued at approximately $156.41 million, to the Binance trading platform. Subsequently, a new wallet address appeared on the Ethereum network and began withdrawing WBTC from Binance. As of now, this address has withdrawn a total of 1,953 WBTCs, with a total value of approximately $117.78 million. Considering the timing and underlying motives, the market generally believes that this is likely to represent Justin Sun's team executing the conversion of Bitcoin to WBTC.