Blockchain monitoring service EmberCN reported significant Ethereum transfers by investment firm Trend Research to cryptocurrency exchange Binance.
The transactions included an initial transfer of 5,000 ETH worth approximately $15.71 million, followed by a second transfer of 22,289 ETH valued at around $68.55 million within a short timeframe.
This activity represents one of the largest recent ETH movements to a centralized exchange, drawing attention within the cryptocurrency ecosystem.