An ETH whale that earned $3.7 million by selling ETH in August has resumed accumulating the token, EmberCN reported. The wallet deposited 40 million USDC into Binance over the past hour and then withdrew 7,567 ETH worth $20 million. Exchange outflows are typically viewed as a sign that holdings are being accumulated. The whale previously bought $21 million in ETH on July 21 and sold the holdings on Aug. 21 for a $3.7 million profit.