Several exchanges seem to be sending funds back and forth as capital for reserves to show, that is, to show how much reserves they have once they share their wallet addresses to the public. See the other big threads here for details.
Please make sure that your funds are off the exchanges. Even CZ from Binance is hinting that this is a clear sign of problems and he might very well know more than us:
This comes after CZ said that they previously had a policy not to comment on competitors publicly, but that CZ would change this behavior going forward in protection of the crypto space:
How is this real life? If this would be a movie I would not believe the story. Every day there is more craziness.
submitted by /u/Beyonderr
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