🔍On-chain analyst @ai_9684xtpa found that Binance seems to be quietly performing large-scale cross-chain bridge operations for users! In the face of L2 to L1 cross-chain needs, in addition to official and third-party cross-chain bridges, it is also a convenient option to complete the cross-chain directly through the exchange. There is no need for a 7-day waiting period, and the handling fee is relatively reasonable.

📊The suspected Binance address 0xE69...e3Abb initiated a withdrawal application for 190,000 ETH (worth $513 million) on Arbitrum in the past week. The first 20,000 ETH have passed the waiting period and recharged back to the Binance hot wallet.

🤔What do you think of this cross-chain method? Welcome to discuss in the comment area!