According to @EmberCN, a whale or institution that previously shorted 66,000 ETH and realized a $23.31 million profit has shifted flows by depositing 91.2 million USDC to Binance roughly 1.5 hours prior and then withdrawing 110,000 ETH (valued at about $386 million using @EmberCN’s USD figures). Source: X post by @EmberCN on Nov 4, 2025. Including the earlier repayment of a 64,000-ETH short, total ETH withdrawn from Binance over roughly the past day reached 174,144 ETH (about $621 million using @EmberCN’s USD figures). Source: X post by @EmberCN on Nov 4, 2025; related address activity is referenced via Arkham Intelligence at intel.arkm.com/explorer/address/0xFaf1358Fe6a9FA29A169Dfc272B14E709f54840f.