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Two Whale Wallets Withdraw 5,965 Ether From Binance in 20 Minutes

The wallets withdrew the Ether at an average price of $2,496.95, while related addresses moved similar amounts of USDC to new wallets.

Mentioned assets
Metal tokens beside a plain exchange withdrawal tray / TokenPost.ai
Metal tokens beside a plain exchange withdrawal tray / TokenPost.ai

Two wallets linked to one large holder withdrew 5,965 Ether (ETH) from Binance in roughly 20 minutes, while related addresses moved similar USDC amounts to newly created wallets.

The Ether withdrawals averaged $2,496.95 per coin. At that price, the combined position was valued at about $14.89 million.

Addresses that funded the wallets also transferred similar amounts of USDC to several newly created addresses.

That pattern may point to plans for additional Ether purchases in stages, although future transactions have not been confirmed.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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