PANews reported that monitoring indicated an address said to be associated with Kanye West transferred 1,445 tokens ETH to Binance.
Article
Kanye makes his first exchange deposit in nearly 1 years, transferring approximately ETH in a single transaction 3910000 USD
PANews September 29 According to the report, Ai Yi monitoring detected that Kanye West made another deposit to an exchange after approximately 11 months. Approximately ETH hours ago, his address first withdrew 1 from Aave, 1,445 tokens, and then deposited them into ETH with an estimated value of approximately Binance. This is a rare large deposit by him since 3910000 USD in 2025(around the peak of the previous bull market). The address still holds approximately October in crypto assets on-chain.
PANews said that, according to Ai Yi monitoring, Kanye West made another exchange deposit after approximately 11 months ETH。
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The report stated that approximately 1 hours ago, the address first withdrew 1,445 tokens from Aave ETH, then deposited them into Binance.
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The report valued this ETH at approximately 3910000 USD。
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The report said this was a rare large deposit by the address since 2025 in October.
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The report said the address currently still holds approximately 26700000 USD in crypto assets on-chain.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This report describes an on-chain address believed to be associated with Kanye West: it first withdrew ETH from Aave, then transferred ETH to Binance. Transferring funds to an exchange only indicates a change in the funds' location; the original text does not prove that these ETH have been sold.
Why it matters to readers
Large-scale ETH Transfers into an exchange may draw market attention to potential subsequent selling, but a transfer alone cannot reveal the holder's intent or confirm that actual selling pressure will result.
Beginners should distinguish between “transferred to an exchange” and “already sold”: the former is an observable movement of funds, while the latter requires additional evidence from transactions or fund flows.
Risks and unknowns
The original text does not provide an address, transaction hash, or other on-chain records that can be independently verified.
The original text cannot confirm whether the address actually belongs to Kanye West or an associated entity.
It cannot be confirmed whether the receiving address is actually controlled by Binance.
The original text does not state where the funds went after being transferred to Binance, nor does it prove that ETH have been sold.
Approximately 3910000 USD and approximately 26700000 USD are estimates reported in the article; the basis for their calculation was not disclosed.
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