#Binance withdrawal of $9.57 million ETH#

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Overview

According to blockchain analytics platform Lookonchain, a newly created wallet withdrew 2,884 ETH, worth approximately $9.57 million, from Binance 30 minutes ago. This is the second large-scale ETH withdrawal in recent times, raising concerns about Binance's financial security in the market.

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Analysis

According to blockchain analytics platform Lookonchain, a newly created wallet withdrew 2,884 ETH, worth approximately $9.57 million, from Binance 30 minutes ago. The reason for this withdrawal is currently unclear, but the event has sparked market attention. Some analysts believe it could be due to internal fund allocation or user withdrawal activity at Binance, or it may be related to recent volatility in the cryptocurrency market. Binance has not yet responded to the matter.

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Binance withdrawal 9.57 million USD ETH

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withdrawal address is a new wallet

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withdrawal time was 30 minutes ago

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withdrawal amount was 2884 ETH

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