COINOTAG News, August 18th – Recent insights from on-chain analyst Ai Auntie (@ai_9684xtpa) reveal significant activity from a notable whale address, 0x69b…0e378. This address previously acquired 2437 ETH two months ago, purchasing at an average price of $2448. Following a robust market upswing, the address has now executed a profitable exit, realizing an estimated gain of $5.055 million. In a swift move, the whale deposited the entire 2437 ETH to Binance and subsequently conducted a partial withdrawal in USDT. This strategy underscores the ongoing trend of liquidity movement within the cryptocurrency markets, reflecting both market confidence and tactical profit-taking by significant players.
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Source: https://en.coinotag.com/breakingnews/whale-profits-from-2437-eth-on-binance-a-deep-dive-into-ethereums-recent-movement/