76,800 ETH, worth over $200 million, was recently transferred from Binance to Binance Beacon Chain. This transaction marks a significant movement of funds within the cryptocurrency community, indicating Binance continues to play a prominent role in the industry. Whale Alert, a service that tracks large cryptocurrency transactions, detected the transfer, and reported that it originated from a Binance address to a Binance Beacon Chain address. The transfer highlights the growing popularity of Beacon Chain, which is the test network for the upcoming Ethereum 2.0 upgrade. The upgrade aims to increase the scalability and security of the Ethereum network. With Binance supporting Beacon Chain, it could signal the exchange’s commitment to the future of Ethereum and its role in the wider cryptocurrency ecosystem.