COINOTAG News on September 14 cited on-chain analyst Ai Yi (@ai_9684xtpa) reporting that address 0x5Fe…4A838 — which resumed ETH accumulation after a two-year hiatus — transferred out 1,000 ETH from Binance roughly five hours prior, a movement valued at about $4.65 million.
According to on-chain records compiled by the outlet, the same address accumulated a total of 8,711 ETH (approximately $33.76 million) over the past two months at an average cost near $3,876. The wallet has withdrawn 3,711 ETH, which analysts interpret as partial profit realization, while the remaining 5,000 ETH represents an on-chain position yielding an estimated unrealized profit of roughly $3.9 million.
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