Whale Moves 2,500 ETH After Recharging 5 Million USDT on Binance: Insights into Recent Trading Activities

According to recent insights from COINOTAG, on December 14, prominent on-chain data analyst Yu Jin highlighted significant movements involving a whale address. Approximately 18 hours ago, this entity transferred an impressive 5 million USDT into Binance prior to withdrawing about 2,500 ETH, valued at roughly 9.81 million USD, just 20 minutes later. Over the last day and a half, this particular whale address has amassed a total of 7,661 ETH, equating to approximately 29.87 million USD. These transactions were executed at an average price of 3,899 USD per ETH, showcasing the heightened activity and potential market influence of large players in the cryptocurrency landscape. This development underlines the ongoing volatility and interest in digital currencies, drawing attention to market sentiment and shifts in liquidity.

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