ETH trader re-enters after two years, withdraws 3,500 ETH from Binance
Ai Yi said the address withdrew 3,500 ETH from Binance as a fresh entry after an earlier profitable trade, while a separate Lookonchain report described another dormant investor selling 2,250 ETH.
ETH
Fact Check
The main claim traces directly to its originator, the Ai Yi (@ai_9684xtpa) X post dated 2026-08-02, which states address 0x751…8a90A withdrew 3,500 ETH from Binance after a profitable 2024 swing trade — matching the claim precisely and corroborated by PANews and BlockBeats. The separate Lookonchain report of a dormant investor selling 2,250 ETH is confirmed by both coinness and odaily. Both attributions and figures in the claim are consistent across all sources. The evidence is on-chain-derived analyst monitoring rather than official entity statements, but the multi-source corroboration back to the original posts is strong.
Summary
On-chain analyst Ai Yi said an Ethereum trader re-entered the market after two years by withdrawing 3,500 ETH worth about $6.495 million from Binance at an implied price of $1,856. Ai Yi said the same address previously bought ETH at $2,459 in 2024 and sold at $3,159 for a roughly $700,000 swing-trading profit. Separately, Lookonchain reported that a different early Ethereum investor who had been inactive for three years sold 2,250 ETH worth $4.15 million after originally accumulating the tokens about eight years ago at an average price near $489.
Terms & Concepts
- On-chain analyst: A researcher or market watcher who tracks blockchain transactions and wallet activity using public ledger data.
- Binance: A major cryptocurrency exchange where users trade and hold digital assets such as Ethereum.
- Exchange outflow: A transfer of crypto assets from an exchange wallet to an external address, often watched for signals of self-custody or positioning changes.