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20d 18h ago

Ethereum (ETH) Whale Withdraws $1.51B Worth of ETH from Binance Since Nov 5, Including 22,720 ETH in the Last 30 Minutes

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Ethereum (ETH) Whale Withdraws $1.51B Worth of ETH from Binance Since Nov 5, Including 22,720 ETH in the Last 30 Minutes

According to EmberCN on-chain analytics via COINOTAG News on November 14, a prominent Ethereum whale that previously borrowed funds to short 66,000 ETH has continued to drain liquidity, withdrawing 22,720 ETH worth about $71 million from Binance in the last 30 minutes. Since November 5, the address has moved roughly $1.169 billion into Binance before exiting with 444,800 ETH (about $1.51 billion) at an average price near $3,398. The position now shows an unrealized loss of roughly $133 million, underscoring ongoing liquidity dynamics and market exposure for large-cap participants.

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