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Large ETH Deposit to Binance Explained | Flash News Detail | Blockchain.News
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9/1/2024 3:26:47 AM

Large ETH Deposit to Binance Explained

Large ETH Deposit to Binance Explained

According to @ai_9684xtpa, the recent deposit of 60,000 ETH into Binance eight hours ago is not a cause for concern. The funds were previously transferred from Arbitrum to the ETH mainnet and have now completed the seven-day waiting period before being re-deposited into Binance's hot wallet. The address involved was already identified by Arkham as a 'Binance Deposit'. Traders should not be alarmed by this transaction over the weekend.

Source

Ai 姨

@ai_9684xtpa

Ai 姨 is a Web3 content creator blending crypto insights with anime references