Meitu Chairman Cai Wensheng’s Longling Capital Withdraws 5,000 ETH (~$21.6M) From Binance After $21M USDT Transfer

ETH

ETH/USDT

$2,127.12

+4.51%

$2,127.12

+4.51%

(24s)

24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short

69.8%

Long: 69.8%Short: 30.2%

Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,121.96

▲ 1.67%

Volume (24h): -

Resistance Levels

Resistance 3$2,577.98

Resistance 2$2,403.28

Resistance 1$2,234.29

Price$2,121.96

Support 1$1,994.75

Support 2$1,826.83

Support 3$1,157.44

Pivot (PP):$2,110.44

Trend:Downtrend

RSI (14):32.9

COINOTAG News on September 8 cited on-chain analyst Yu Jin, reporting that after an inbound transfer of 21 million USDT to Binance, the wallet tied to Meitu chairman Cai Wensheng‘s Longling Capital executed a withdrawal of 5,000 ETH (approximately $21.57 million) from the exchange approximately ten minutes later. The on-chain flow indicates a rapid liquidity movement between stablecoin and ether positions, as recorded by public ledger data; COINOTAG presents this transaction as a verified chain-level transfer without drawing conclusions on strategic intent or market impact.