BREAKING
142d 14h ago
Newly Created Wallet Withdraws 6,748 ETH ($30.7M) From Binance and Bitget, Onchain Lens Reveals
ETH
ETH/USDT
$2,113.64
-7.22%
$2,113.64
-7.22%
(24s)24h Volume
$37,939,871,804.04
24h H/L
$2,293.99 / $2,068.20
Change: $225.79 (10.92%)
Long/Short
79.4%
Long: 79.4%Short: 20.6%
Funding Rate
+0.0040%
Longs pay
Data provided by COINOTAG DATALive data
On September 17, COINOTAG reported that on-chain analytics provider Onchain Lens identified a newly created wallet that, over a three-day window, withdrew 6,748 ETH from centralized exchanges Binance and Bitget, equal to approximately $30.7 million. This on-chain ETH withdrawal constitutes a material crypto outflow from exchange custody and signals a transfer of liquidity to private wallets or custodial solutions. While such movements can indicate portfolio consolidation or custodial repositioning, available on-chain evidence does not confirm intent, and any immediate market impact remains indeterminate pending further transactional disclosures.
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