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New Wallet Withdraws $102 Million in ETH from Kraken

Lookonchain data reveals that a whale address moved 15,200 ETH, valued at $70.44 million, from Binance, further indicating large-scale crypto transfers.

ETH

Summary

Lookonchain data indicates that a whale address (0x96F4) withdrew 15,200 ETH, worth $70.44 million, from Binance in the past two hours, reflecting ongoing significant movements in cryptocurrency markets.

Terms & Concepts
  • ETH (Ethereum): The native cryptocurrency of the Ethereum blockchain, used for transaction fees, smart contracts, and decentralized applications.
  • Binance: A leading global cryptocurrency exchange offering trading, asset management, and financial services in the crypto space.
  • Whale Address: A wallet address holding a significant amount of cryptocurrency, typically associated with large-scale transactions and market influence.