2000 ETH Withdrawn from Binance: Major Moves by GSR with $350 Million in Holdings

On February 7th, COINOTAG News reported significant activity from a known crypto player tracked by The Data Nerd. Approximately 2000 ETH, valued at around $5.38 million, was withdrawn from Binance just two hours ago. This substantial amount has been redirected to a new wallet identified by the address 0x9e9. Interestingly, the wallets 0x9e9 and 0xfb1, both owned by the same entity, now collectively hold a striking total of 128,693 ETH, equating to roughly $350 million in assets. Such movements highlight the ongoing liquidity shifts within the cryptocurrency space and signify the increasing importance of monitoring large-scale transactions, which may impact market dynamics.