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Kanye West-Linked Wallet Sends 1,445 ETH to Binance After 11-Month Hiatus, Worth $3.91 Million

Source
Minseung Kang

Summary

  • A wallet believed to be linked to Kanye West transferred ETH to Binance for the first time in about 11 months.
  • On-chain analyst Ai Yi said the wallet withdrew 1,445 ETH from Aave and then deposited it into Binance, in a transfer worth about $3.91 million.
  • The wallet is currently reported to hold digital assets worth about $26.7 million on-chain.

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Photo: Consolidated News Photos / Shutterstock.com
Photo: Consolidated News Photos / Shutterstock.com

A wallet believed to be linked to U.S. rapper Kanye West transferred Ethereum to Binance for the first time in about 11 months.

BlockBeats reported on Sept. 29 that on-chain analyst Ai Yi wrote on X that the wallet withdrew 1,445 ETH from Aave about an hour earlier before depositing it into Binance.

The transfer was worth about $3.91 million. It marked the wallet's first ETH transfer to an exchange since October of last year, ending an roughly 11-month gap.

The wallet currently holds about $26.7 million of digital assets on-chain, the report said.

#On-chain Trading
Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.

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