Ancient OG Ethereum Address Awakens: Withdraws 610.97 ETH Worth $1.55 Million from Binance After 3 Years
ETH/USDT
$39,049,302,904.94
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
-0.0018%
Shorts pay
An Ethereum (ETH) address with a three-year dormancy period recently executed a significant transaction, withdrawing 610.97 ETH from Binance. This movement, valued at approximately $1.55 million, marks a notable event in the crypto market, highlighting potential shifts in asset allocation by long-term holders. Such transactions often attract attention from market analysts as they may signal strategic repositioning or liquidity adjustments within institutional or high-net-worth portfolios. The withdrawal from a major exchange like Binance underscores the ongoing dynamics of crypto asset management and the importance of monitoring large-scale wallet activities for market insights.
