Whale Withdraws 18,000 ETH from Binance Amid $2.24M Unrealized Loss

According to OnchainLens data reported by COINOTAG News on June 23rd, a significant whale transaction was observed as 18,000 ETH, valued at approximately $40.38 million, was withdrawn from Binance. This movement highlights ongoing shifts in large-scale Ethereum holdings within centralized exchanges. The whaleโ€™s current portfolio stands at 50,256 ETH, with a market value near $112.62 million, reflecting an unrealized loss of $2.24 million. Such activity underscores the dynamic nature of institutional crypto asset management and the importance of monitoring whale movements for market sentiment analysis.

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Source: https://en.coinotag.com/breakingnews/whale-withdraws-18000-eth-from-binance-amid-2-24m-unrealized-loss/