BlockBeats reported that on December 13, according to Lookonchain monitoring, a whale address associated with Nexo unstaked 18,000 ETH (about $70.8 million) an hour ago and transferred it to Binance.
Since December 2, the address has transferred a total of 72,419 ETH to Binance, with a total value of about $270.6 million. Currently, the address still holds 42,108 ETH, worth about $165 million.