PANews reported on October 2nd that, according to on-chain analyst Ember, Trend Research transferred 24,051 ETH ($104 million) to Binance in the past nine hours, following ETH's rebound above $4,300. They previously transferred 16,800 ETH to Binance 10 days ago, but likely took a short-term dip and then withdrew it. Is this a genuine sell-off or a continued short-term move? Before today's transfer, they held a total of 152,000 ETH ($660 million), with an average cost price of approximately $2,869.