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TechFlow reports, according to on-chain analyst Lookonchain, a whale address starting with 0xb154 withdrew 16 million USDT from Binance 9 hours ago.
This address had deposited 25,000 ETH (worth approximately $47.24 million) to Binance yesterday. The drop in ETH price 11 hours ago was likely caused by this address selling. It may still hold around 8,000 ETH (approximately $14.7 million) unsold.
A whale address starting with 0xb154 withdrew 16 million USDT from Binance 9 hours ago. This address had previously deposited 25,000 ETH (worth approximately $47.24 million) to Binance yesterday. The drop in ETH price 11 hours ago was likely caused by selling from this address. It may still hold around 8,000 ETH (approximately $14.7 million) yet to be sold.
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