Is this a bargain hunting? It seems that the Ethereum spot ETF is ready to be launched at any time!

The suspected Elwood address has withdrawn 24,463.3 ETH from Binance in the past 24 hours, equivalent to about 75 million US dollars

On July 11, according to the monitoring of the on-chain analyst Ember, a certain address withdrew 8,014.6 ETH (25 million US dollars) from Binance again 6 hours ago, and a total of 24,463.3 ETH (75 million US dollars) was withdrawn in 24 hours, with an average price of 3,066 US dollars.

This address should belong to Elwood: Elwood minted and transferred 75 million US dollars of USDC from Circle to Binance in the past day, and then withdrew 75 million US dollars worth of ETH (24,463.3) from Binance through this address.

$ETH