BlockBeats News, July 5th, according to Onchain Lens monitoring, a whale address withdrew 4,942 ETH from Binance, worth approximately $8.83 million, and immediately staked it through Lido, receiving about 3,990 wstETH.

In addition, within the past 24 hours, the same address also withdrew 211.5 WBTC from Binance, worth around $13.25 million.

As of now, the whale has withdrawn a total of approximately $22.08 million worth of ETH and WBTC from Binance in the last 24 hours, with all withdrawn ETH being used for on-chain staking.