According to on-chain analyst Yu Jin's monitoring, the whale/institutional address 0x395...500, which hoarded 86,001 ETH from June 22 to August 12, has just transferred 9,000 ETH ($41.56 million) to Binance.

He accumulated 86,001 ETH through Binance at an average price of $3,023 from June 22 to August 12, and began transferring ETH to Binance to lock in profits three days ago.

He has transferred 15,010 ETH ($68.77 million) to Binance in the past three days, with an average price of $4,582.