Summary
- According to OnChainLens, a whale that had been inactive for 7 months withdrew 2870 Ethereum (ETH) from Binance.
- The size of this transaction is about $11.86 million, and the whale is reported to currently hold a total of 4623 ETH.
- They said exchange withdrawals are generally interpreted as for long-term holding or self-custody.
On the 10th (local time), on-chain analytics platform OnChainLens said, "a whale that had been inactive for 7 months withdrew 2870 Ethereum (ETH) from Binance," adding, "the size of this transaction is about $11.86 million, and the whale appears to currently hold a total of 4623 ETH."\nExchange withdrawals are generally interpreted as for long-term holding or self-custody.\n
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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