Dormant Whale Moves $4.7M in ETH to Binance After a Year of Silence

A crypto wallet identified as “0x7bD4” has returned to activity after a year of dormancy, moving 3,000 ETH—worth about $4.73 million—to Binance.

This transaction comes against the backdrop of continued weakness in Ethereum’s price performance. Over the past year, ETH has fallen by around 35% and is currently trading near $1,598.

Source: Onchain Lens