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A whale transferred 796 ETH from Binance again, and 1.6 million USDT will still be bought into ETH

A whale transferred 796 ETH from Binance again, and 1.6 million USDT will still be bought into ETH

CointimeCointime2024/05/06 02:13
By:Cointime

According to on-chain analyst @ai_9684xtpa, as reported by Jinse Finance, a whale who made a profit of $400,000 from leveraged ETH longs in April 2024, transferred out 796 ETH worth $2.52 million from Binance 10 hours ago. Currently, the whale's long funds have increased to 8,714 ETH with an average long price of $3,149; it has lent out over 18.6 million USDT and still has 1.6 million USDT to buy ETH (already deposited into Binance).

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