
An 11-year Bitcoin veteran moved large ETH holdings to Binance before withdrawing stablecoins to repay loans, highlighting significant on-chain capital flows.
Onchain Lens reported that within a 7-hour window, a long-term Bitcoin holder with 11 years of asset history deposited 35,000 ETH valued at $78.31 million to Binance. Shortly after, the address withdrew $82.39 million in USDT and USDC to repay loans, including a recent 15,000 ETH deposit worth $33.35 million. This transaction illustrates notable liquidity shifts and the active role of veteran crypto holders in large-scale asset management.