An unidentified whale has deposited a cumulative 10,900 ETH, worth $24.16 million, to exchanges since Aug. 19 after withdrawing 79,226.49 ETH from Binance between July and August 2026 at an average price of $1,776.83. If the deposited ETH is sold, the whale would realize an estimated profit of $4.817 million, while the stablecoins received have been used to repay borrowing from Spark. The wallet still has 47,900 wstETH and 1,200 WBTC posted as collateral, against 83.67 million USDS borrowed, with a health factor of 2.26. A health factor measures the buffer supporting a collateralized loan before liquidation risk rises, and a higher figure generally indicates greater protection. The transactions were identified by on-chain analyst Ai 姨 and reported by ChainCatcher.