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New Wallet Withdraws 4000 ETH Worth $15.65M from Binance

BlockBeats reported on August 8 that a new wallet withdrew 4000 ETH from Binance, with funds expected to be staked via Lido as per Onchain Lens.

ETH

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Terms & Concepts
  • Ethereum (ETH): The native cryptocurrency of the Ethereum blockchain used for transactions and smart contracts.
  • Staking: The process of locking up cryptocurrency to support network operations and earn rewards.