Ethereum: Address 0x5Fe…4A838 Moves 1,000 ETH ($4.65M) From Binance After Re-Accumulating 8,711 ETH — 5,000 ETH Hold $3.9M Unrealized
ETH/USDT
$8,642,892,868.82
$2,308.76 / $2,258.24
Change: $50.52 (2.24%)
+0.0011%
Longs pay
COINOTAG News on September 14 cited on-chain analyst Ai Yi (@ai_9684xtpa) reporting that address 0x5Fe…4A838 — which resumed ETH accumulation after a two-year hiatus — transferred out 1,000 ETH from Binance roughly five hours prior, a movement valued at about $4.65 million.
According to on-chain records compiled by the outlet, the same address accumulated a total of 8,711 ETH (approximately $33.76 million) over the past two months at an average cost near $3,876. The wallet has withdrawn 3,711 ETH, which analysts interpret as partial profit realization, while the remaining 5,000 ETH represents an on-chain position yielding an estimated unrealized profit of roughly $3.9 million.
