An ETH whale transferred approximately $117 million worth of ETH to Binance 50 minutes ago.

According to data monitored on EmbersChain, a major ETH staking whale transferred 25,755 ETH (approximately $117 million) redeemed from staking to Binance 50 minutes ago. This whale previously transferred $173 million worth of USDT to Binance between August 2023 and April 2024, purchasing 32,164 ETH at $2,649 per ETH for PoS staking. Seventeen days ago, he redeemed 25,755 of these ETH and transferred the funds to an exchange today. This transaction reportedly generated approximately $60.5 million in profits for him.