TechFlow reports, on March 11, according to Ai Yi's monitoring, a whale investor who has profited over $32 million in ETH since September 2023 recently deposited 3,000 ETH (approximately $5.51 million) to Binance, indicating a possible sell-off.
The investor had previously accumulated 93,839 ETH (worth approximately $213 million) at an average price of $2,278. This marks the first ETH selling activity from this address in five months. The wallet now holds only 545 ETH remaining, nearly completing its liquidation.
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