Ethereum Whale Transfers 2,585 ETH to Binance Indicating Potential Liquidation After 89% Four‑Month Gain

COINOTAG reported on September 3 that on‑chain analyst Ai Yi (@ai_9684xtpa) detected an ETH whale transfer of 2,585 ETH, accumulated over the prior four months, to Binance approximately ten hours ago, with an estimated value near $11.32 million at the time of movement. The transaction was visible in public ledger data and corresponds to typical exchange deposit behavior observed in institutional and large-holder flows.

Using the analyst’s cited average entry of $2,316 and an exit price of $4,378, that position would imply a roughly 89% four‑month return on investment (ROI), amounting to about $5.33 million in gross gains if sold at the referenced exit level; however, no on‑chain sale has been confirmed to date.

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Source: https://en.coinotag.com/breakingnews/ethereum-whale-transfers-2585-eth-to-binance-indicating-potential-liquidation-after-89-four%E2%80%91month-gain/