Suspected institutional whale withdrew 20,000 ETH from Binance, worth about 78.15 million USD
2025-11-03 01:43:18
According to Ember, the suspected institutional whale that pledged 700 million USDC to lend 66,000 ETH and transferred it to Binance half a month ago may have completed the ETH sell short operation. The address withdrew 20,000 ETH from Binance an hour and a half ago, worth about 78.15 million US dollars, and it is suspected that it has started to cover. The ETH price at the time of the sell short opening was 4032 US dollars, and the current price is 3850 US dollars. It is expected that the profit of this operation is about 12 million US dollars.
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