Large Ethereum Deposits to Binance Suggest Possible Dump
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According to @OnchainDataNerd, a wallet potentially linked to the ARB Foundation deposited 60,000 ETH (approximately $150.33 million) to Binance 8 hours ago. Within a 24-hour period, the same wallet deposited a total of 90,000 ETH (around $226.02 million) to Binance. This significant movement of Ethereum to the exchange could indicate a potential sell-off, which may impact the ETH market.
SourceThe Data Nerd
@OnchainDataNerdThe Data Nerd (On a mission to make onchain data digestible)