On September 26, COINOTAG News cited on-chain analytics provider The Data Nerd reporting that an address tentatively linked to Animoca Brands deposited 3,760 ETH to Binance (approximately $14.75 million), and that the same address moved 6,600 ETH (about $26.93 million) to the exchange within a three‑week span. These transfers were recorded on the public ledger and represent notable centralized exchange inflows.
Large Ethereum transfers to a custodial exchange are important datapoints for monitoring institutional liquidity, exchange balance dynamics, and concentration risk. Market participants and compliance teams routinely track such on‑chain flows using transaction details available on the blockchain to independently verify timing and amounts rather than presuming intent or trading outcomes.
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