PANews reported on August 25 that according to @ai_9684xtpa’s monitoring, when facing the demand for L2 > L1 cross-chain, in addition to official cross-chain bridges and third-party cross-chain aggregators, it is also a common choice to complete the cross-chain directly through exchanges. There is no need for a 7-day waiting period, and the handling fee is relatively considerable. Perhaps in order to deal with the situation of "a large amount of Arb ETH recharged to Binance but the main network ETH was proposed", the suspected Binance address 0xE69...e3Abb initiated a withdrawal application for 190,000 ETH (worth US$513 million) in Arbitrum in the past week. At present, the earliest withdrawal of 20,000 ETH has passed the waiting period and recharged back to the Binance hot wallet.
