60,000 ETH deposited into Binance is L2 funds transferred back to L1, for cross-chain asset management
Coin Point News reported that 8 hours ago, a wallet deposited 60,000 ETH (about 150.33 million US dollars) into Binance. According to @ai_9684xtpa's analysis, this large transfer is funds transferred from Arbitrum to the ETH mainnet across the chain, and recharged back to the Binance hot wallet. Binance is only transferring cross-chain assets, which is part of its fund management process. $ETH