2000 ETH Withdrawn from Binance: Major Moves by GSR with $350 Million in Holdings

ETH

ETH/USDT

$2,356.43

+8.28%

$2,356.43

+8.28%

(24s)

24h Volume

$31,047,650,067.90

24h H/L

$2,386.02 / $2,174.06

Change: $211.96 (9.75%)

Long/Short

47.6%

Long: 47.6%Short: 52.4%

Funding Rate

-0.0008%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,358.66

▲ 0.24%

Volume (24h): -

Resistance Levels

Resistance 3$2,596.37

Resistance 2$2,476.96

Resistance 1$2,396.40

Price$2,358.66

Support 1$2,355.74

Support 2$2,233.72

Support 3$2,109.13

Pivot (PP):$2,358.51

Trend:Sideways

RSI (14):66.9

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 Approximately 2000 ETH, valued at around $5.38 million, was withdrawn from Binance just two hours ago.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.