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Token ETH

Jan 19, 2024

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Massive whale is back to withdrawing ETH from Binance

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Total tokens transferred

Token ETH

3.6K

ETH

Massive whale 0x347 just withdrew 3,600 ETH ($8.84M) from Binance at $2,456:

 

Notably, the whale:

  • withdrew 42,800 ETH from Binance at $1,834 on average (estimated cost: $78.5M) from May 8 to August 24, 2023;
  • deposited 8,700 ETH to Binance at $2,342 ($20.38M) between November 10, 2023, and January 11, 2024, whenever the price rose;
  • further withdrew 3,600 ETH from Binance at $2,456 on January 19, 2024, just now.

 

Currently, the whale holds 31,700 ETH ($77.83M), with an estimated total profit of $25.8M (+29.6%).

 

Fig 1. Massive whale 0x347's overall ETH trading history.

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