On-chain analyst @ai_9684xtpa said about the suspected ARB Foundation address depositing 60,000 ETH into Binance 8 hours ago: "No need to worry. The 60,000 ETH deposited into Binance eight hours ago was just 'the funds previously transferred from Arbitrum to the ETH mainnet have passed the 7-day waiting period and re-deposited into the Binance hot wallet'. Binance is just transferring cross-chain assets, which is part of their fund management process. I confirmed this address a week ago, but Arkham had not marked it at the time. It is now marked as 'Binance Deposit'." Earlier today, according to The Data Nerd, 8 hours ago, a wallet (possibly belonging to the ARB Foundation) deposited 60,000 ETH (about $150.33 million) into Binance. In the past 24 hours, it has deposited a total of 90,000 ETH (about $226.02 million) into Binance.