Address withdraws 2,000 ETH from Binance and routes funds to another wallet

Address withdraws 2,000 ETH from Binance and routes funds to another wallet

N
News Editor
2026-08-08 09:29:42
On-chain analyst Ai Yi said a wallet withdrew 2,000 ETH from Binance about four hours before the report, with the withdrawn amount valued at $3.81 million at the time of the transfer. The funds did not stay at the original address. Instead, they were moved through two intermediary transfers before arriving at another wallet. The receiving address now holds ETH valued at $7.96 million, along with LINK valued at $1.03 million. The update, cited by Odaily, focuses on the movement of funds between addresses and the current asset value visible at the receiving wallet. No additional identity details for the addresses were disclosed in the report.

Odaily reported, citing on-chain analyst Ai Yi, that a wallet withdrew 2,000 ETH from Binance about four hours earlier. The ETH was valued at $3.81 million at the time of the withdrawal.

After leaving Binance, the funds were moved twice before being transferred to another address.

The receiving wallet currently holds ETH worth $7.96 million and LINK worth $1.03 million.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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