Dormant whale withdraws 2,870 ETH from Binance after 7 months

A whale that had been dormant for seven months has withdrawn 2,870 ETH, valued at $11.86 million, from Binance, according to Onchain Lens. The analytics firm noted that this whale now holds a total of 4,623 ETH. Withdrawals from exchanges are typically interpreted as a sign of intent to hold.