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91d 0h ago
Whale Withdraws 2,216.79 ETH from Binance — 3-Month Hold Would Have Netted 73% Gain (~$4M)
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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.
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