COINOTAG reported on September 3 that on-chain data analyst Embermonitor identified a large transfer in which a whale moved 7,500 ETH (approximately $32.33 million) to Binance roughly 20 minutes prior to the report. The on-chain transaction was captured in real time, highlighting notable whale activity and exchange inflows observable in blockchain analytics dashboards.
Embermonitor additionally recorded that the same address had withdrawn 15,202 ETH (about $58.82 million) from Binance between July 21 and August 12 at an average price of $3,869. Comparing that average to the contemporaneous price of $4,310 yields an implied gross differential near $6.7 million; market participants should corroborate on-chain records for trading and liquidity analysis.