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Large Wallet Withdraws 2,000 Ether (ETH) From Binance, Stakes 32 ETH on Ethereum

The withdrawal was valued at about $4.08 million, while the later deposit into Ethereum’s Beacon Chain staking contract was worth about $65,300.

By Enna Lee
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Mentioned assets
A silver token hovers above a narrow metal slot / TokenPost.ai
A silver token hovers above a narrow metal slot / TokenPost.ai

A large wallet withdrew 2,000 Ether (ETH) from Binance at about 1:29 a.m. ET Nov. 12 and later staked 32 ETH on Ethereum.

The withdrawal was valued at about $4.08 million. The later deposit into Ethereum’s Beacon Chain staking contract was worth about $65,300, equal to 1.6% of the withdrawn amount.

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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