According to TechFlow, on September 1, according to Whale Alert monitoring, about 70,000 Ethereum (ETH) were transferred from the Arbitrum marked address to the Binance hot wallet, worth about US$172 million.
According to previous news, analysts speculated that this type of large transfer may be the last step for Binance to complete the cross-chain operation, that is, the ETH that previously crossed back from Arbitrum to the Ethereum mainnet will be recharged to the Binance hot wallet after a 7-day waiting period.
