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43d 5h ago

Ethereum Whale Transfers 19,929 ETH to Binance, Incurs $15.4M Loss After Two Months; Previously Withdrew 22,177 ETH and Re-deposited to $86.5M

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Ethereum Whale Transfers 19,929 ETH to Binance, Incurs $15.4M Loss After Two Months; Previously Withdrew 22,177 ETH and Re-deposited to $86.5M

COINOTAG News, citing Onchain Lens data on October 25, reports a high‑profile Ethereum whale transfer: 19,929 ETH (about $78.3 million) was moved into Binance after a two‑month dormant period, with the move tied to a $15.4 million loss. This on‑chain signal highlights how mega‑wallets reposition assets amid liquidity shifts and price volatility.

Earlier activity shows the same address withdrawing 22,177 ETH worth roughly $101.95 million from Binance and Bybit, before redeploying the entire tranche; it is now valued near $86.5 million. The sequence underscores ongoing liquidity management by large holders and demonstrates the value of on‑chain data for risk assessment and market surveillance in the crypto sector.

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