According to data released by blockchain analytics platform Lookonchain on February 1, a mysterious whale linked to early BTC communities has transferred 100,000 ETH — valued at approximately $242.7 million — to Binance.
Breakdown of the Whale's Holdings
Despite this large movement, the whale still holds 472,643 ETH and 39,604.91 BTC, bringing the total value of their holdings to over $4.2 billion, underscoring their significant presence in the crypto market.
- ETH Holdings: 472,643 ETH
- BTC Holdings: 39,604.91 BTC
- Total Value: Exceeds $4.2 billion
Such large-scale on-chain transactions are often viewed as indicators of market sentiment and should be monitored closely by investors.