The activity comprised an 8,773.5 Ether (ETH) purchase using 19.7 million USDT and 9,777 ETH in withdrawals from Binance over five days, across two separate wallets.
Lookonchain reported that a wallet starting 0x32c6 acquired 8,773.5 ETH after spending 19.7 million USDT; the reported price was $2,245 per token. It also linked a newly created wallet starting 0x4AB7 to Binance withdrawals totaling 9,777 ETH over five days.
The 9,777 ETH withdrawn from Binance was estimated at $22.5 million. Together, the purchase and withdrawals amounted to 18,550.5 ETH, worth about $42.2 million at the reported valuations.
