According to latest monitoring data from The Data Nerd, on February 27 an anonymous whale address deposited 3,300 ETH (worth about $6.66 million) to Binance exchange six hours ago.
More notably, this wasn't the only transaction from this address. Tracking data shows the account completed multiple transfers within the past 24 hours, accumulating 6,994 ETH deposits into Binance wallets valued at $14.3 million.
The unusual movement has sparked discussions across crypto communities, with analysts speculating about possible institutional rebalancing or darknet-related fund migrations.
Market observers are now closely watching the address's subsequent activities, as tracking data indicates it still holds significant crypto reserves.