Whale Deposits 5,000 ETH to Binance — $22.84M Transfer Could Yield $5.08M Profit
ETH/USDT
$39,049,302,904.94
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
-0.0018%
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COINOTAG reported on September 18 that on-chain analytics provider Onchain Lens observed a whale transfer of 5,000 ETH into Binance, reflecting a notional value near $22.84 million at the time of the on-chain event.
The movement corresponds to a conditional aggregate profit estimate of roughly $5.08 million should the entire position be liquidated at prevailing exchange prices, a calculation derived from observable price differentials and subject to execution and market factors.
Institutional and retail traders monitor such sizeable exchange inflows through on-chain feeds to gauge potential liquidity impact; the report is confined to verifiable transfer data and does not ascribe motive or confirm any subsequent trades.