0xC356 hadn’t moved a single ETH for more than two years, but has now withdrawn 34,601 ETH from Binance in three hours, worth $73.75 million.
According to monitoring by Lookonchain, this address had been inactive for more than two years. The withdrawal was completed within three hours, and the monitoring source provided both the amount and value.
· The data only covers the act of “withdrawing from Binance”; the material doesn’t say where the funds went afterward or how they’ll be used.
· An inactive address becoming active again doesn’t indicate a bullish or bearish stance, and a single withdrawal isn’t enough to determine market direction.
After a large withdrawal from a long-dormant address, would you rather first see whether the funds are moved again, or look at ETH spot trading volume before and after the withdrawal?
$ETH
According to monitoring by Lookonchain, this address had been inactive for more than two years. The withdrawal was completed within three hours, and the monitoring source provided both the amount and value.
· The data only covers the act of “withdrawing from Binance”; the material doesn’t say where the funds went afterward or how they’ll be used.
· An inactive address becoming active again doesn’t indicate a bullish or bearish stance, and a single withdrawal isn’t enough to determine market direction.
After a large withdrawal from a long-dormant address, would you rather first see whether the funds are moved again, or look at ETH spot trading volume before and after the withdrawal?
$ETH
