Binance sent huge amount of ETH to Wintermute just as price surged

Description

Crypto exchange Binance transferred multiple ETH assets as the token surges above $4000. Arkham Intelligence said the exchange’s Binance executed ETH transfers to Wintermute within hours of the token’s price surge. Binance initially sent the tokens in batches of 250 to 500 ETH, then moved over 1,800 ETH per transfer. Certain transfers surpassed 3,000 ETH—valued at $12 million—while one significant movement totaled 8,000 ETH in a four-hour window. The transactions came shortly after key Ethereum ...