An unidentified individual, referred to as a whale, has moved 200,000 Ethereum (ETH) worth approximately $469 million from the Arbitrum network to the Binance cryptocurrency exchange. The transfers occurred in six transactions over the past 24 hours, with the assets being transferred from Arbitrum to the Ethereum network and then to Binance. The whale address, which has been active since August, appears to be associated with a Binance wallet, leading to speculation that these movements are part of an in-house fund shuffling rather than depositing assets for selling. The source of the funds and the reason for the transactions remain unknown.



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