Whale Moves Funds: Switching from ETH to BNB

[The whale who suffered a $230M liquidation loss on Hyperliquid in February] made another move after transferring 577,000 ETH ($1.351B) into Binance a few days ago: 5 hours ago, they withdrew 71,000 BNB ($48.46M) from Binance. This seems to be a partial sell-off of ETH to switch into BNB, which aligns with the BNB/ETH exchange rate. Since their ETH entered Binance, the BNB/ETH rate has risen by 9% (from 0.275 to 0.3). Address: https://intel.(arkm.com)/explorer/address/0x4F830亿Ee69D205836024A1A0b5c9738854649C2a3 -------------------------------------------------------------------------- Bitget: Join and you're VIP! Crypto, US stocks, CFDs—global opportunities all in one place.