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Giant Whale Dumps 33K Ethereum To Binance, ETH Crash Ahead?

source-logo  coingape.com 05 February 2024 15:30, UTC

A giant crypto whale, identified by on-chain analytics firm Spot On Chain as ‘czsamsunsb.eth,’ has offloaded a staggering 33,000 Ethereum (ETH), worth a hefty $75.74 million, onto Binance. The move, observed just as the ETH price experienced a recovery, is raising eyebrows within the crypto community, given the whale’s historical pattern of transferring ETH to Binance before market downturns.

coingape.com