On-chain analytics firm COINOTAG News reports, December 11, citing analyst Ai Auntie, that a whale address beginning with 0x31D has deposited 3,373.1 ETH into Binance over the past seven hours, valuing the inflow at about $114.67 million at current prices. The purchase carried an average entry of roughly $3,399.70 per ETH, signaling continued liquidity rebalancing by major holders and heightened demand on centralized venues for large-scale transfers.
Previously, the same address withdrew 3,593.21 ETH on October 14 at an average price of $4,051, generating an unrealized loss near $5.13 million. A potential liquidation would realize roughly $2.196 million in losses, while the unrealized loss has narrowed versus earlier days. The data point to evolving risk dynamics among Ethereum holders and underscore attention on Binance and other venues as large traders reassess positions.
Source: https://en.coinotag.com/breakingnews/ethereum-whale-deposits-3373-eth-to-binance-worth-114-7m-at-a-3399-average-price
