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Crypto

Ethereum Whale Withdraws $20M in ETH from Binance Amid Price Surge

Guavy AI Editorial Team
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A large Ethereum investor has withdrawn a significant amount of cryptocurrency from Binance. On-chain data reveals that wallet 0xf23c, identified as an Ethereum whale, withdrew 10,444 ETH worth approximately $20.47 million in a single transaction.

This move comes as Ethereum continues its recent price surge, with the token up 19.5% over the past month and trading at $1,882.

The latest transfer brings the wallet's total withdrawals from Binance over the past week to 30,244 ETH, valued at approximately $57.8 million, indicating continued accumulation during Ethereum's recent price strength.

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