A certain address has withdrawn a cumulative ~9,777 ETH from Binance over the past 4 days.
Original headline某地址近 4 天从 Binance 累计提取约 9777 枚 ETH
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A single address withdrew roughly 9,777 ETH, worth about $22.53 million, from Binance over the past four days, according to on-chain monitoring by analyst Yu Jin. The withdrawals imply an average cost basis of approximately $2,304 per ETH. The scale of the transfer matters because large exchange outflows can signal accumulation and reduced immediate sell-side liquidity. It is not yet clear whether the address belongs to an institution, a whale, or an intermediary wallet. Traders will watch whether the coins stay dormant or move to staking, DeFi, or another exchange.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
ETH (ETH), Binance, 余烬
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