This afternoon, Ethereum gas fees briefly soared to 300 gwei, and analysts said it was related to Binance's wallet cleanup. In response, Binance officials said that the platform was just doing a collection process when the gas fee was low, and gave the following explanation:

1. Usually, exchanges will do wallet aggregation, mainly to facilitate users' withdrawals and ensure the safety of funds;

2. What sparked discussion this time was the large number of collections. The main reason was that the current Gas fee is relatively low, so the operation team collected more wallets in this adjustment.