An Address Withdraws $73.75 Million in Ether From Binance After Two Years

Image: TokenPost
An address that had been inactive for more than two years withdrew 34,600 Ether (ETH), valued at about $73.75 million, from Binance within a three-hour period, creating a sizable, concentrated exchange outflow for traders to track. On Nov. 9, one address that had been inactive for more than two years withdrew 34,600 ETH from Binance within three hours. The withdrawal involved 34,600 ETH leaving the exchange, while its dollar value was estimated at roughly $73.75 million. The reported amount moved within three hours rather than being spread across a longer period. The address's prior inactivity of more than two years adds another detail to the outflow. For traders watching exchange flows, the amount and time span are the main elements of the event.
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