On May 7th, COINOTAG reported that a significant **whale investor** has recently reactivated their account after a two-month dormancy period. This **whale address** executed a withdrawal of **1,402 ETH** from **Binance**, translating to an approximate value of **$2.56 million**. Notably, this investor now maintains a total holding of **6,653 ETH**, which reaches a market value of around **$12.17 million**. The accumulation of these assets occurred over the last **10 months**, indicating a strategic investment approach in the ever-evolving landscape of cryptocurrency. The re-emergence of this **whale** could signal increased market activity as investors closely monitor developments within the crypto space. Such movements are crucial for understanding market trends and potential future implications on **ETH** pricing and investor sentiment.
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