Ethereum Whale Stakes 7,182 ETH After 1.2 Years of Dormancy

A whale's recent withdrawal of 18,000 ETH from Binance signals significant market movement, with total holdings now at 50,256 ETH valued at $112.62 million.

ETH

Summary

OnchainLens reports that a whale withdrew 18,000 ETH worth $40.38 million from Binance, increasing total holdings to 50,256 ETH valued at $112.62 million. The whale currently faces an unrealized loss of $2.24 million.

Terms & Concepts
  • ETH: The native cryptocurrency of the Ethereum blockchain, used for transactions and smart contracts.
  • whale: A term used in cryptocurrency to describe individuals or entities that hold large amounts of a particular cryptocurrency.