Anonymous ETH whale deposits $15.5M to Binance

An anonymous Ethereum whale deposited 5,000 ETH, valued at approximately $15.52 million, to Binance about eight hours ago, according to on-chain analytics firm Lookonchain. The firm noted that the deposit occurred as the market began to show signs of a rebound. The whale, whose address begins with 0xdECF, still holds another 5,000 ETH. Since Oct. 28, this whale has deposited a cumulative 30,603 ETH (worth roughly $100.96 million) to Binance and Galaxy Digital. Lookonchain also highlighted a pattern of similar 5,000 ETH deposits to Binance made seven, five, and four days ago.