BREAKING
145d 21h ago
Newly Created Wallet Withdraws 6,748 ETH ($30.7M) From Binance and Bitget, Onchain Lens Reveals
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
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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