Whale Transfers Significant Ethereum Holdings to Binance

According to Lookonchain, a whale associated with Nexo recently unstaked 18,000 ETH, valued at $70.8 million, and transferred it to Binance. Since December 2, this entity has moved a total of 72,419 ETH, worth approximately $270.6 million, to Binance. The whale still retains 42,108 ETH, equivalent to $165 million. This movement of large ETH volumes to Binance could indicate potential market shifts or liquidity adjustments.
SourceLookonchain
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