Crypto Wallet Deposits 4,088.5 ETH Worth $10.8 Million to Binance
The wallet acquired the Ether at an average price of $2,727.26 between Sept. 21 and Sept. 23 before transferring the full balance after a market pullback.
A crypto wallet transferred 4,088.5 Ether (ETH), valued at about $10.8 million, to Binance after accumulating the tokens over three days and holding them through a market pullback.
The wallet withdrew the Ether at an average price of $2,727.26 between Sept. 21 and Sept. 23, then moved the entire balance to the exchange. At the reported valuation, selling the position would produce an estimated loss of $342,000.
The transfer places the full ETH balance on Binance, where it can be traded. The wallet’s earlier trading activity generated a reported profit of $1.515 million over a one-month period.
