Ethereum whale accumulation accelerates… 34,000 ETH withdrawn from Binance then moved to Aave
Suehyeon Lee
Summary
- Reported that Ethereum (ETH) whales are continuing large-scale accumulation through newly created wallets.
- Two recently created wallets withdrew 34,000 ETH from Binance and then deposited it into Aave(Aave).
- Another two newly created whale addresses reportedly withdrew more than $86,000,000 worth of Ethereum from Binance and Kraken.

Ethereum (ETH) whales are continuing large-scale accumulation through newly created wallets.
On the 4th (local time), according to LookonChain, two recently created wallets withdrew a total of 34,000 ETH (about $151,000,000) from Binance, then deposited the amount to the DeFi platform Aave(Aave).
Earlier, two other newly created whale addresses had withdrawn Ethereum worth more than $86,000,000 from Binance and Kraken.

Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
![[Exclusive] “Airdrops also taxable”... Authorities to adopt a ‘comprehensive approach’ to virtual assets](https://media.bloomingbit.io/PROD/news/4bde9dab-09bd-4214-a61e-f6dbf5aacdfb.webp?w=250)


![[Market] Bitcoin slips below $75,000…Ethereum also falls under $2,200](https://media.bloomingbit.io/PROD/news/eaf0aaad-fee0-4635-9b67-5b598bf948cd.webp?w=250)