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A newly created address withdrew 6,918 ETH, approximately $25 million, from Binance in the last 12 hours

According to on-chain analyst Ember, a newly created address has raised 6,918 ETH ($25 million) from Binance in the past 12 hours, with an average price of $3,613. ETH has performed more strongly in recent days, with the ETH/BTC exchange rate recovering from 0.0319 to 0.0376.