2000 ETH Withdrawn from Binance: Major Moves by GSR with $350 Million in Holdings

ETH

ETH/USDT

$2,303.86

+2.85%

$2,303.86

+2.85%

(24s)

24h Volume

$22,543,720,045.80

24h H/L

$2,415.55 / $2,239.22

Change: $176.33 (7.87%)

Long/Short

50.3%

Long: 50.3%Short: 49.7%

Funding Rate

-0.0001%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,304.52

▼ -2.74%

Volume (24h): -

Resistance Levels

Resistance 3$2,575.35

Resistance 2$2,452.50

Resistance 1$2,378.22

Price$2,304.52

Support 1$2,234.04

Support 2$2,136.62

Support 3$1,938.04

Pivot (PP):$2,341.51

Trend:Uptrend

RSI (14):59.1

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 Approximately 2000 ETH, valued at around $5.38 million, was withdrawn from Binance just two hours ago.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