According to Gateio_zh, major Ethereum block builder Beaverbuild deposited 5,500 ETH, worth $13.63 million, to Binance within the past hour. Since November 2023, this wallet has cumulatively transferred 24,519 ETH (valued at $66.46 million) to major exchanges. Such large-scale deposit activity from a key network participant may indicate increased liquidity and potentially heightened selling pressure for ETH in the near term, impacting short-term trading strategies. (Source: intel.arkm.com, Gateio_zh)

According to The Data Nerd, Abraxas Capital transferred a total of 36,520 ETH, valued at approximately $96.18 million, to Binance within 24 hours (source: @OnchainDataNerd on Twitter). Such a significant deposit to an exchange often indicates potential sell-side pressure, which could increase near-term volatility and affect Ethereum price action. Traders should closely monitor Binance order books and ETH trading volumes for possible large-scale liquidations or market-making activity, as institutional movements of this scale frequently signal changing momentum in the crypto market.

According to The Data Nerd on Twitter, whale address 0x016 deposited 1,130 ETH (valued at approximately $2.05 million) to Binance just one hour ago. This whale originally accumulated the ETH three months prior at a total cost of $3.62 million. If he sells at current prices, the realized loss would be about $1.57 million, or -43.37% ROI (source: @OnchainDataNerd). This significant loss highlights potential bearish sentiment and could indicate short-term sell pressure on ETH, which is relevant for traders monitoring large on-chain movements and possible price impacts.