On-chain trackers said the wallet expanded Binance withdrawals through July 5, including 4,942 ETH later staked via Lido, building a position worth about $57.34 million and roughly $3.6 million in unrealized profit.
A newly observed whale wallet has accumulated 24,694 ETH and 211.5 WBTC since around June 30 to July 1, according to on-chain analysts Ai Yi, EmberCN and Onchain Lens. The latest reported July 5 activity included a withdrawal of 4,942 ETH worth about $8.83 million from Binance that was then staked through Lido, with the wallet receiving 3,990 wstETH, alongside additional WBTC withdrawals. Based on the later accumulation figures cited by EmberCN, the combined holdings are worth about $57.34 million and show roughly $3.6 million in unrealized profit.