TechFlow, July 29 — According to on-chain analyst EmberCN (@EmberCN), a whale address on the Blast network transferred 8,231 ETH (approximately $31.23 million) from Blast back to the Ethereum mainnet within the past hour, then moved the funds to Binance.
Previously, in December 2023, this address deposited 45,000 ETH (around $102 million) into the Blast network for yield mining. Starting in August 2024, it began gradually withdrawing funds to Binance. This transfer marks the final portion of its assets held on Blast. During this period, the address earned over $12 million through Blast token airdrops and decentralized finance (DeFi) yields.
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