COINOTAG News reported on September 16 that an ETH whale which amassed tokens during the 2021–22 peak has moved assets to exchange custody. The on-chain analyst Ai Yi (@ai_9684xtpa) flagged a deposit to Binance, a flow monitored closely by market participants and liquidity analysts.
Chain records indicate the address accumulated roughly 1337 ETH between October 2021 and February 2022 at an average cost near $4,141. Four years later the wallet transferred about 1427 ETH, valued at approximately $6.44 million at the time of the on-chain deposit to the exchange.
Assuming a sale at prevailing spot levels, the position would imply an estimated gross gain of around $501,000, before fees and slippage. Market participants should interpret on-chain exchange inflows as potential intent signals rather than confirmed executed trades and factor in execution risk and liquidity conditions.
‘,
‘
🔒 Secure and Fast Transactions
Diversify your investments with a wide range of coins. Join now!
‘,
‘
💎 The Easiest Way to Invest in Crypto
Dont wait to get started. Click now and discover the advantages!
‘
];
var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();