Ethereum (ETH) Whale Moves $70.55M (30,603 ETH) to Binance and Galaxy Digital Since Oct 28

COINOTAG News, December 4, citing on-chain analyst Ai Auntie, reports that a single whale address transferred about $70.55 million in ETH (30,603 ETH) to Binance and Galaxy Digital since October 28, at an average price of roughly $3,299 per ETH. The move signals ongoing cross-exchange liquidity shifts among large holders.

The address has been accumulating Ethereum since 2017 and has interacted with notable funds including Fengbushi Capital and FBG Capital, according to the same source. This long-running activity illustrates a patient accumulation pattern rather than a one-off trade.

Analysts say the episode highlights persistent demand dynamics for ETH among whales and could influence near-term liquidity between major venues. Investors should monitor on-chain flows and exchange activity for clues on market depth and potential price moves.