Single Address Deposits 6,600 ETH Worth $26.93M to Binance

A wallet reportedly linked to Animoca Brands sent 3,760 ETH to Binance, contributing to a total of 6,600 ETH transferred over three weeks.

ETH

Summary

A wallet potentially associated with Animoca Brands deposited 3,760 ETH (about $14.75 million) to Binance in a recent transaction, according to The Data Nerd. Over the past three weeks, this same address has sent a cumulative 6,600 ETH (about $26.93 million) to the exchange, highlighting sustained large-scale Ethereum transfers.

Terms & Concepts
  • ETH (Ethereum): A decentralized, open-source blockchain featuring smart contract functionality, with its native cryptocurrency being Ether.
  • Binance: A major global cryptocurrency exchange offering trading services for a wide range of digital assets.
  • Animoca Brands: A Hong Kong-based company known for its investments in blockchain, gaming, and digital property projects.