Whale Address 0x3952 Withdraws 6,000 ETH from Binance, Holding Over $38M in Unrealized Gains
2025-07-14 17:35:19
Main Idea
A whale address withdrew 6,000 ETH from Binance, following a previous large withdrawal of 50,255 ETH, indicating significant asset management activity and unrealized gains.
Key Points
1. On July 15, whale address 0x3952 withdrew 6,000 ETH (worth ~$18.26 million) from Binance.
2. The same whale had previously withdrawn 50,255 ETH (~$113.85 million) at an average price of $2,266 per ETH three weeks earlier.
3. The current market valuation shows unrealized gains exceeding $38 million for the whale's position.
4. The activity highlights strategic asset management and liquidity trends on major cryptocurrency exchanges.
Description
On July 15, blockchain analytics platform Lookonchain reported a significant movement involving a prominent whale address, 0x3952, which withdrew 6,000 ETH valued at roughly $18.26 million from Binance. This transaction
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