Ethereum Whale Moves 10,000 ETH to Binance, Worth $39.11M, Down $7.52M From Two Months Ago

As reported by COINOTAG News and verified through EmberCN monitoring, a large Ethereum holder initiated a transfer of 10,000 ETH to Binance, estimated at $39.11 million, with the move executed about 15 minutes ago. The transaction signals continued liquidity shifts within the Ethereum ecosystem and reinforces Binance‘s role as a critical on/off-ramp for sizable crypto positions. Market observers note that such whale moves can influence near-term order flow and price discovery.

Valuation data show the same wallet accumulated 10,000 ETH two months earlier when those tokens were valued at roughly $46.63 million, translating to an unrealized mark-to-market loss of about $7.52 million given the current quote. The incident underscores the volatility profile of large ETH holdings and the sensitivity of macro-level positions to price movements, even for established whales.