Kanye West's associated address is suspected of adding a $4.7M ETH position, with 21,109 ETH currently staked.

TechFlow reported that on November 02, on-chain analyst Ai Yi (@ai_9684xtpa) monitored that a Musk-associated address maintaining rolling long positions on ETH appears to have added to its position. Following the disclosure of the Binance hack on October 30, the address had previously sold 1,390 ETH in batches to mitigate liquidation risk, at an average price of approximately $2,275.6, valued at roughly $3.163 million, and incurring a loss of about $317,000. After Binance significantly expanded withdrawal access today, the address subsequently withdrew an additional 2,074 ETH from Binance, valued at approximately $4.7 million.