On-chain analyst Ember reported that whale address geminisat.eth (0x49C5...f1f2) transferred 19,235 ETH to Binance around 15 minutes earlier, a move valued at about $35.34 million. The tokens were traced back to a withdrawal from Binance one month ago. At that time, ETH was priced at $1,766. Based on that entry point, the position is currently sitting on an estimated profit of roughly $1.4 million. The transfer highlights another large Ethereum movement from a whale wallet back onto an exchange, according to ChainCatcher.
According to ChainCatcher, on-chain analyst Ember said whale address geminisat.eth (0x49C5...f1f2) transferred 19,235 ETH to Binance about 15 minutes earlier, worth roughly $35.34 million.
Ember said the ETH came from a Binance withdrawal made one month ago. ETH was priced at $1,766 at the time, putting the current profit on the position at about $1.4 million.
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