F2Pool co-founder withdraws 5,173 ETH worth $12.86M from Binance
- —5,173.41 ETH worth $12.86M withdrawn from Binance in seven hours
- —Average withdrawal price was $2,485.89
- —A day earlier 235.51 WBTC was swapped for 7,848.53 ETH worth $19M
- —ETH/BTC has fallen from 0.03212 to 0.03013 since early October
Why it matters: A major miner rotating from bitcoin into ether may signal a bet on an ETH rebound.
Source: PANews