Fidelity withdrew 282.63 Bitcoin from Binance through its wallet associated with the FBTC spot Bitcoin ETF, according to on-chain monitoring by Onchain Lens. The withdrawal is valued at approximately $23.08 million at current market prices. The movement signals continued institutional accumulation of Bitcoin via Fidelity's spot ETF product, adding to the growing trend of large-scale BTC transfers between exchanges and custodial wallets managed by major asset managers.