Kanye West-linked address withdraws 2,074 ETH from Binance

BlockBeats news, November 2nd, according to ai_9684xtpa monitoring, the address associated with Kanye West, which has been cyclically long on ETH, is suspected to have added approximately $4.7 million in positions. After the Binance hack incident was disclosed on October 30th, this address had sold 1390 ETH on-chain to reduce liquidation risk.

Today, after Binance opened a large number of withdrawals, the address withdrew 2074 ETH from Binance. It is currently uncertain whether this transfer is for adding to the position or simply withdrawing assets. Currently, the address has a total of 21,109 ETH collateralized and has borrowed stablecoins worth $27.71 million, with the related position health ratios at 1.44 and 1.62, respectively.