According to The Data Nerd, a significant whale address 0xAaf deposited 6,131 ETH, valued at approximately $10.96 million, into Binance 9 hours ago. If this whale decides to sell at the current price, they would incur a realized loss of approximately $6.86 million, considering their average entry price of $2,906 per ETH. This large movement of funds could potentially impact ETH's market dynamics, especially in terms of supply pressure on Binance's order books.

According to Miles Deutscher, Bitcoin's long-term holder net position change is stabilizing, indicating reduced selling pressure from this group. Long-term holders typically sell during price increases and re-accumulate when the market cools. Current net outflows have slowed to nearly zero, suggesting minimal selling activity. This trend could impact Bitcoin's market dynamics by reducing supply pressure, potentially influencing price stability. (Source: Twitter - @milesdeutscher)