In a truly unprecedented event, a newly created wallet has accumulated a staggering amount of two cryptocurrencies from the centralized exchange, Binance. The latest update from EmberCN, an on-chain tracker, has revealed the withdrawal of over 7K ETH (Ethereum) and 9K USDT (Tether) by this new wallet in the past day, setting off a wave of discussions and speculations in the cryptocurrency space.
Here’s a closer look at this new wallet’s on-chain data, which is raising eyebrows across the broader crypto industry.
New Wallet Linked To Justin Sun?
Intriguingly, speculations about the wallet’s potential identity have already swirled in to take crypto investors and traders by storm. As seen previously, such staggering amounts of ETH and USDT have been noted to be accumulated from Binance by TRON founder Justin Sun, with crypto market participants whispering this accumulation to be his as well.
Indeed, this latest maneuver seems to align with previous patterns observed in February and
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