Why is Binance 20 shown on this transaction and not the users binance intermediary wallet ?

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Why is Binance 20 shown on this transaction and not the users binance intermediary wallet ?

The best way transaction right here was carried out is like this :
0xcbd68 > 0x24af32 > 0x4976a4 > 0xcc120

Can anyone explain why 0x4976a4(Binance 20) exhibits up in transaction when transferring from Binance to your personal private non-Binance wallet ?

Why Users Binance Middleman Pockets shouldn't be displaying up as an alternative ?

Is that something to do with privateness reasons ?

https://preview.redd.it/uuv82srobh9a1.jpg?1255&format=pjpg&auto=webp&s=3b54246934e8cb8b385742a2b37aa20c66244cc5

submitted by /u/komrad2236
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