BREAKING
120d 9h ago
Newly Created Wallet Withdraws 6,748 ETH ($30.7M) From Binance and Bitget, Onchain Lens Reveals
ETH
ETH/USDT
$3,345.95
+1.65%
$3,345.95
+1.65%
(24s)24h Volume
$23,075,335,998.53
24h H/L
$3,402.89 / $3,278.00
Change: $124.89 (3.81%)
Long/Short
56.3%
Long: 56.3%Short: 43.7%
Funding Rate
+0.0063%
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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