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Kraken and Binance Withdrawals Reach 24,454 Ether (ETH), Worth $60.68 Million

The address behind Kraken's 10,954 ETH withdrawal later began staking after a four-month pause. Binance withdrawals totaled 13,500 ETH, including a 9,000 ETH transfer to Aave.

Updated 1 min read
Three Ether transfer paths lead toward staking and a lending pool in a restrained transaction graphic. / EconoTimes.ai
Three Ether transfer paths lead toward staking and a lending pool in a restrained transaction graphic. / EconoTimes.ai

On Kraken and Binance, three addresses took out 24,454 Ether (ETH), an amount valued at $60.68 million; later transactions included staking and an Aave deposit.

Kraken accounted for the largest individual withdrawal, at 10,954 ETH. After a four-month dormant period, its destination address moved the Ether into staking. This transaction formed part of the full total, which also included two withdrawals from Binance.

Binance made up 13,500 ETH of the combined outflow, across two addresses. One of the addresses transferred 9,000 ETH to Aave; the other took out 4,500 ETH. Those figures represent the Binance share of the 24,454 ETH total.

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