PANews reported on July 17 that according to Onchain Lens monitoring, a whale that had been dormant for 4 months deposited 3,125 ETH (worth US$10.69 million) into Binance, realizing a profit of US$980,000.

Five months ago, the whale received 10,000 ETH (worth $25.6 million) from Deribit and currently still holds 1,875 ETH (worth $6.43 million).