Giant Whale With $405,190,000 in Ethereum Starts Withdrawing ETH From Binance: On-Chain Data

　　Crypto whales are currently on the move as one large entity with nearly half a billion dollars worth of Ethereum (ETH) was spotted withdrawing coins from crypto exchanges.

　　First seen by blockchain tracking firm Lookonchain, an address beginning with “0x4359” was spotted taking their ETH out of Binance and decentralized exchanges (DEXes).

　　Lookonchain says the whale has accumulated about $405.19 million worth of ETH in less than two weeks.

　　Source: Lookonchain/X

　　On the same day, another unknown entity was nakita by whale tracking service Whale Alert sending 14,408 ETH worth over $45.745 million to crypto exchange OKX.

　　Whale Alert also tracked down a wallet that was involved in the initial coin offering (ICO) of Ethereum move 197 ETH worth $622,685. The wallet had been dormant for nearly nine years prior to the latest transfer, according to Whale Alert.

　　Another whale was nakikita attempting to leverage-long Ethereum, after previously losing millions trying to do the same move. Lookonchain identified the entity borrowing USDT from the lending platform Compound (COMP) to long ETH.

　　Pinagmulan: Lookonchain/X

　　Sa oras ng pagsulat, ang Ethereum ay nakikipagkalakalan sa $3,222.