According to on-chain analyst Ember, NDV Lianchuang Christian transferred 8,161.7 ETH (about $26.59 million) into Binance in the past 1 hour. Christian said that it has exchanged a quarter of the assets on the chain for SOL, a quarter of various counterfeit products and Meme coins, a quarter of Ethereum and NFTs, and a quarter of stablecoins.