According to on-chain data analyst Yu Jin’s monitoring, after the market fell last night, a certain ETH swing trading whale address transferred 15.9 million USDT to Binance today, and withdrew 8,800 ETH from Binance half an hour later. The average purchase price may be US$1,807.

This address previously transferred 23,085 ETH (worth approximately US$44.16 million) to Binance after ETH rose on May 29, when the price of ETH was US$1,913.