According to Lookonchain, Abraxas Capital deposited 36,520 ETH (worth approximately $96.2 million) into Binance over the past 12 hours, as tracked by Arkham Intelligence. Large-scale ETH deposits to centralized exchanges like Binance often signal potential upcoming sell pressure, which could impact Ethereum price volatility and overall crypto market liquidity. Traders should monitor ETH order books and trading volumes for signs of increased activity or rapid price movements following this significant transaction (source: Lookonchain, intel.arkm.com).

According to Ai 姨 (@ai_9684xtpa), a major Ethereum whale, potentially affiliated with Longling Capital, deposited 5,000 ETH (worth $12.76 million) into Binance just one hour ago. This address accumulated 55,800 ETH at an average price of $2,349 since May 2025 and currently holds 88,710.12 ETH valued at $228 million, with an unrealized profit of $19.64 million. This significant on-chain movement suggests potential selling pressure on ETH in the short term, which could impact overall crypto market sentiment and liquidity (source: @ai_9684xtpa on Twitter).