According to Arkham data, in the past 6 hours, an address marked as Arbitrum has cumulatively deposited 50,000 ETH, worth over $125 million, into a suspected Binance deposit address (0xE69...Abb). On-chain analyst EmberCN believes that this is Binance conducting a cross-chain transfer from Arbitrum to Ethereum. The address 0xE69...Abb is a commonly used cross-chain address by Binance, frequently used for cross-chain allocation of assets such as $MATIC , $ETH , USDC, $STG , etc. https://platform.arkhamintelligence.com/explorer/address/0xE69f81b825d7Dc31ee9becef4DbEab5cf30e3Abb #Binance #DeFi #Marketsentimentstoday #ETH