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Two New Wallets Withdraw 67,111 ETH From Kraken in Three Hours

Two New Wallets Withdraw 67,111 ETH From Kraken in Three Hours

Onchain Lens said seven new wallets withdrew about 74,959 ETH worth roughly $161 million from Binance over 16 hours and later moved the funds to other wallets, extending the pattern of large ETH exchange outflows.

ETH

Fact Check
The claim is directly supported by multiple crypto news outlets (PANews, Odaily) and the primary monitoring source, Onchain Lens. The specific figures (67,111 ETH, $144.73 million) and the timeframe (3 hours) match perfectly across sources.
    Reference: 12
Summary

Onchain Lens reported that seven new wallets withdrew 74,959 ETH worth about $161 million from Binance over the past 16 hours, and said the funds were later transferred to other wallets on March 25. The update adds another large ETH exchange outflow to the broader topic, which had already included two new wallets withdrawing 67,111 ETH worth about $144.73 million from Kraken within three hours. No further ownership details or purpose for the transfers were provided in the new report.

Terms & Concepts
  • ETH: ETH is the native cryptocurrency of the Ethereum network, used for transactions, fees, and transfers on-chain.
  • Binance: Binance is a cryptocurrency exchange where users can trade, deposit, and withdraw digital assets such as ETH.
  • Wallet: A wallet is a blockchain address or software tool used to store, send, and receive digital assets.