TechFlow reports, according to monitoring by @ai_9684xtpa, a whale who accumulated 27,332 ETH over the past nine months at an average price of $2,210 has deposited another 2,100 ETH worth $6.56 million to Binance. This whale had previously deposited 8,865 ETH in batches to Binance, totaling $29.3 million.
Today, this whale has cumulatively offloaded 4,165 ETH worth $13.2 million, with an average deposit price of $3,169. If all these holdings are sold, the whale would realize a profit of $3.99 million. Whale selling activity may impact ETH prices, potentially testing the $3,000 level.
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