A certain loaned coin ETH short-selling whale is suspected to have engaged in a "double spend," having just withdrawn 110,000 ETH from Binance

BlockBeats News, November 4th, according to ChainInfo, a whale/institution borrowed and shorted 66,000 ETH, making a profit of $23.31 million, is now transitioning from a short to a long position to buy the dip. Just an hour and a half ago, this entity transferred $91.2 million USDC to Binance and has just withdrawn 110,000 ETH ($386 million) from Binance.

In addition to this, after repaying the shorted 64,000 ETH earlier, this entity has withdrawn a total of 174,144 ETH ($621 million) from Binance in the past day.