Woofun AI data shows that a significant wallet extracted 4,942 ETH from Binance, valued at approximately $8.83 million, and deposited it into Lido to receive roughly 3,990 wstETH.

The same address also removed 211.5 WBTC from the exchange, worth about $13.25 million. Consequently, total withdrawals from Binance reached $22.08 million over the past day, with all ETH allocated for on-chain staking.