Arkham Tracks $1.68M LINK Transfer to Binance

A wallet potentially linked to Animoca Brands transferred 3,760 ETH worth nearly $15 million to Binance, extending a three-week pattern of significant crypto deposits to the exchange.

ETH
LINK

Summary

A wallet suspected to be connected to Animoca Brands deposited 3,760 ETH, valued at approximately $14.75 million, to Binance within the last three hours. Over the past three weeks, this address has sent a cumulative 6,600 ETH, worth around $26.93 million, to the exchange. The activity follows a similar pattern previously observed with LINK token transfers.

Terms & Concepts
  • ETH: The native cryptocurrency of the Ethereum blockchain, used for transactions, smart contracts, and decentralized applications.
  • Binance: One of the world's largest cryptocurrency exchanges by trading volume, offering various digital asset trading services.
  • On-chain Tracking: The process of monitoring blockchain transactions directly from the ledger using analytics tools.