34,000 ETH ($150M) Withdrawn From Binance to Two New Wallets at 1 AM After ETH Spikes from $4,350 to $4,480 — On-Chain Analyst Yu Jin

COINOTAG News reported on September 4 that on-chain analyst Yu Jin observed a notable transfer after Ethereum’s price moved from $4,350 to $4,480. According to transaction logs, **34,000 ETH** (approximately $150 million) was withdrawn from Binance and routed to two newly created wallet addresses at 1 am, with timestamps and on-chain hashes corroborating the flow.

From a market-structure perspective, this outflow is reflected in exchange custody metrics and can be tracked via on-chain explorers and reserve monitoring tools. While the transaction size is material to liquidity and exchange balance reporting, there is no verified information on counterparty intent; stakeholders should rely on empirical reserve data and blockchain records rather than conjecture.