According to @ArkhamIntel, whale address 0xfe0 deposited 1,054 ETH, valued at approximately $2.65 million, to Binance just 2 hours ago. The ETH was accumulated over the past year at an average entry price of $3,340. This deposit, if sold, would realize a loss of about $870,000 with a negative ROI of -25% (source: Arkham Intel). Such large-scale selling at a loss may indicate bearish sentiment among major holders and could increase short-term downward pressure on ETH prices. Traders should monitor Binance inflows and whale activity for further volatility signals.

According to Ai 姨 (@ai_9684xtpa), despite James Wynn declaring a long position in Ethereum (ETH), significant sell-side pressure persists. In the past 3 hours, two addresses deposited a total of 4,241 ETH (worth $11.26 million) to Binance. Notably, address 0x55e...3DF26 originally accumulated ETH at $1,822 on May 8 and fully exited in two rounds, with an average deposit price of $2,603. If sold at this rate, the realized profit would be $3.238 million (source: intel.arkm.com/explorer/address/0x55e...3DF26). These large inflows to Binance signal potential near-term selling pressure, which traders should monitor for possible price volatility and liquidity shifts in the ETH market.