TechFlow news, on March 3, according to Etherscan monitoring, a whale/institutional address that had been accumulating Ethereum since September 2022 emptied its holdings 40 minutes ago, transferring approximately 37,000 ETH (worth $86.94 million) to Binance.
Since September 2022, this address has accumulated a total of 48,800 ETH at an average purchase price of $1,651. At the time of this transfer to Binance, the average ETH price was around $2,430, meaning the whale/institution realized a profit of approximately $38.06 million on this investment.




