Whale Withdraws 2,216.79 ETH from Binance — 3-Month Hold Would Have Netted 73% Gain (~$4M)

COINOTAG News, Aug. 22 — On-chain analysis by Ai Auntie (@ai_9684xtpa) shows address 0x7C1…36FA7 withdrew 2,216.79 ETH from Binance in June at roughly $2,484 per ETH. The funds remained stationary for about three months before a full transfer back to the exchange was observed three hours ago, increasing exchange-controlled supply.

At prevailing spot prices, that position represents an approximate 73% return, or about $4 million in mark-to-market gains. Market participants and risk teams should treat this on-chain flow as a measurable liquidity and price pressure indicator for Ethereum on centralized venues like Binance, while noting all observations are based on publicly available chain data reported by the analyst.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.