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Whale Withdraws $20,000 ETH Worth $41.26 Million From Binance

Whale Withdraws $20,000 ETH Worth $41.26 Million From Binance

According to Lookonchain, another large Ethereum withdrawal from Binance on March 27 involved 9,976 ETH worth $19.8 million moved by whale address 0xC4eA through three wallets.

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ETH

Fact Check
The claim is corroborated by multiple independent crypto news outlets (BlockBeats and Odaily) reporting on the same on-chain event. The specific details—wallet address 0x4e6b, the amount of 20,000 ETH, and the valuation of $41.26 million—are consistent across sources and attributed to the reputable on-chain analytics platform Lookonchain.
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Summary

Lookonchain reported an additional large Ethereum outflow from Binance on March 27, stating that whale address 0xC4eA withdrew 9,976 ETH worth about $19.8 million within the prior two hours using three wallets. This adds to earlier March 27 reports of whale wallet 0x4e6b withdrawing 20,000 ETH worth roughly $41.26 million from Binance, while on-chain analyst Ember separately reported a 2,950 BTC withdrawal worth about $200 million after Bitcoin fell 4% to around $67,000. Together, the updates show multiple sizable Binance outflows involving both Ethereum and Bitcoin on the same day.

Terms & Concepts
  • Whale: A market participant holding large amounts of crypto, whose transactions can attract attention because they may influence liquidity or sentiment.
  • ETH: The native cryptocurrency of the Ethereum blockchain, used for network fees, transfers, and on-chain activity.
  • Binance: A major cryptocurrency exchange where users can trade, deposit, and withdraw digital assets.