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[Suspected Whale Withdraws 144,000 ETH from Binance, Possibly Turning Bullish] On November 5, on-chain analysis revealed that a whale or institution, which had borrowed 66,000 ETH for short selling on October 20, repurchased and repaid the loan yesterday, earning $24.48 million in profit, and is now suspected to have turned bullish. From last night to this morning, the whale transferred $482 million USDC to Binance and withdrew 144,000 ETH from Binance at an average price of approximately $3,341. These USDC were collateral for the ETH borrowed for short selling earlier, which were retrieved after repayment yesterday and subsequently used to purchase ETH.

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