PANews reported on November 20 that according to on-chain analyst Ember’s monitoring, a whale investor may be continuing to increase his Ethereum (ETH) holdings. The address transferred $20 million USDT to Binance yesterday, and withdrew 8,976 ETH from Binance 20 minutes ago, worth about $27.85 million.

Since November 11, the address has withdrawn a total of 27,026 ETH from Binance in 9 days, with a total value of approximately US$85.03 million, and an average purchase price of US$3,146.