34,000 ETH Worth $150 Million Withdrawn from Binance After Price Rise

On-chain data indicates the same wallet continued withdrawals, reaching 4,208 ETH worth $19.48 million today, underscoring ongoing large-scale Ethereum movements from Binance.

ETH

Fact Check
Multiple sources (blockchain.news, ainvest.com, cryptonews.com, chaincatcher.com) from a consistent timeframe (Sep 4-5, 2025) corroborate the withdrawal of 34,000 ETH from Binance. The value is consistently reported as approximately $150 million to $151 million. One source explicitly states the withdrawal occurred 'after ETH rose from $4350 to $4480,' directly confirming the 'After Price Rise' part of the statement.
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Summary

A newly created wallet that earlier withdrew 3,001 ETH from Binance added another 1,207 ETH withdrawal just 19 minutes ago, bringing today’s total to 4,208 ETH valued at $19.48 million. This development follows a prior large-scale withdrawal of 34,000 ETH, highlighting continued notable on-chain Ethereum movements.

Terms & Concepts
  • ETH (Ethereum): The native cryptocurrency of the Ethereum blockchain, used for transactions, staking, and powering decentralized applications.
  • On-Chain Analysis: A method of examining blockchain data to track transactions, wallet movements, and market behavior.