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An Address Withdraws $73.75 Million in Ether From Binance After Two Years

The address had been inactive for more than two years before the three-hour withdrawal window.

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A faceted silver token rests beside an open black slot / TokenPost.ai
A faceted silver token rests beside an open black slot / TokenPost.ai

An address that had been inactive for more than two years withdrew 34,600 Ether (ETH), valued at about $73.75 million, from Binance within a three-hour period, creating a sizable, concentrated exchange outflow for traders to track.

On Nov. 9, one address that had been inactive for more than two years withdrew 34,600 ETH from Binance within three hours. The withdrawal involved 34,600 ETH leaving the exchange, while its dollar value was estimated at roughly $73.75 million. The reported amount moved within three hours rather than being spread across a longer period. The address's prior inactivity of more than two years adds another detail to the outflow.

For traders watching exchange flows, the amount and time span are the main elements of the event. The ETH total states how much was withdrawn; the dollar figure expresses its reported value. The movement is a notable outflow from Binance during a short window.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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