Whale has withdrawn 24,548 ETH from Binance since start of September
In a string of moves, a whale that had been dormant for two years awoke and transferred 10,000 ETH worth $16.5 million out. Days later, the whale deposited 10,000 ETH worth $16.5 million to Binance, OKX and KuCoin via three different addresses. The whale then sent out another $10,000 ETH valued at $16.5 million.to exchanges, Ethereum cofounder Vitalik Buterin moved 300 ETH to Kraken on Tuesday.
The impact of the move is seen in the ETH price. This is because market participants pay close attention to whales' on-chain actions since they are regarded as well-informed and have an influence on the market.
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