A whale that profited $24.48 million from shorting withdrew 57,700 ETH from Binance this morning.

According to Odaily Planet Daily, monitoring by Ember, an institution/whale sold 70,000 ETH (approximately $223 million) five days ago at an average price of $3,188, profiting $24.48 million from short selling. Today, it has turned to long positions. Five hours ago, it transferred $153 million USDT to Binance and withdrew 57,700 ETH (approximately $162 million), with an average purchase price of $2,820. Currently, it holds a total of 432,000 ETH (approximately $1.24 billion), with an overall average holding price of $3,332, resulting in a floating loss of approximately $200 million.