Whale Moves $33 Million Worth Of ETH To Binance; Is Ethereum Price In Danger?

Ever since Ethereum’s price broke out of its multi-month phase of consolidation on March 10, the altcoin with the largest market cap has gotten off to a blazing start, contributing to a meteoric rise in its value. The flagship cryptocurrency earned itself a sweet price gain today as it broke beyond the $1800 threshold on Saturday. However, according to recent market data, about 18,657 ETH has been caught transferring to the Binance exchange, which casts doubts on a potential sale taking place, resulting in a price slump for Ethereum.