🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
According to recent observations by on-chain data experts, a Large Investor has made a remarkable move. This investor withdrew a significant amount of Ethereum from the well-known exchange Binance, totaling 7,500 coins, worth approximately 28.26 million dollars at current market prices.
It is worth noting that this massive amount of cryptocurrency assets did not stop there. Subsequently, this investor chose to transfer this batch of Ethereum across chains to the Avalanche network and ultimately deposited it into their primary personal wallet address.
This move has sparked various speculations in the market. Some analysts believe that this may indicate the investor's optimism toward the Avalanche ecosystem, or it could be to participate in certain specific decentralized finance projects. There are also viewpoints suggesting that this may be due to considerations of asset allocation diversification.
Regardless, such a large-scale capital movement will undoubtedly have a certain impact on the market. Industry insiders suggest that investors closely monitor such large transfers, as they may indicate important clues about the future direction of the market.