Ethereum-based project Gnome Labs deposited 4,020 ETH worth $9.97 million to Binance nine hours before the report, a transaction typically viewed as potentially intended for selling. The address had withdrawn 6,339 ETH from Binance on Aug. 17 at an average price of $1,896.83, when the holdings were valued at $12.02 million. If the latest deposit is sold, the estimated profit would be about $2.345 million, representing a 30.7% return over the reported holding period, according to on-chain analyst ai_9684xtpa.