coin-img-MONADMONAD-17.82%coin-img-ETHETH-5.93%coin-img-BTCBTC-5.64%coin-img-SOLSOL-7.02%coin-img-UCNUCN+0.31%coin-img-XRPXRP-7.16%coin-img-USDCUSDC+0.03%coin-img-DOGEDOGE-8.24%coin-img-MONADMONAD-17.82%coin-img-ETHETH-5.93%coin-img-BTCBTC-5.64%coin-img-SOLSOL-7.02%coin-img-UCNUCN+0.31%coin-img-XRPXRP-7.16%coin-img-USDCUSDC+0.03%coin-img-DOGEDOGE-8.24%coin-img-MONADMONAD-17.82%coin-img-ETHETH-5.93%coin-img-BTCBTC-5.64%coin-img-SOLSOL-7.02%coin-img-UCNUCN+0.31%coin-img-XRPXRP-7.16%coin-img-USDCUSDC+0.03%coin-img-DOGEDOGE-8.24%coin-img-MONADMONAD-17.82%coin-img-ETHETH-5.93%coin-img-BTCBTC-5.64%coin-img-SOLSOL-7.02%coin-img-UCNUCN+0.31%coin-img-XRPXRP-7.16%coin-img-USDCUSDC+0.03%coin-img-DOGEDOGE-8.24%

Whale Deposits $170M in Stablecoins to Binance Over 7-Hour Period on Dec. 1

A whale address previously linked to short positions during the Oct. 11 market downturn deposited $170 million worth of stablecoins to Binance over a seven-hour window on December 1, on-chain analyst Ai 姨 reports. The address has collateralized 126,232.16 ETH and borrowed 160 million USDT. The purpose of the deposits remains unclear.
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