An Ethereum Whale Transferred Large Amounts of ETH to Binance! Is the Fall Coming?

Lately Bitcoin (BTC) and altcoinThe rise in the prices caused investors to expect more rises.

In this context, investors are the biggest altcoin EthereumWhile waiting for a big rally in the price of , a big whale is 15,500 worth $ 20 million from multiple liquidity pools. Ethereum pulled.

Whale then transferred the ETHs he had withdrawn to Binance. This massive transfer made by the whale to Binance comes to mind. ETH Will he sell all his Ethereums once the price reaches $1,350? brought the question.

On-chain analytics platform Lookonchain shared today that a whale has Ethereum liquidity pools. Convex, Lido, Curve and Balancerworth approximately $20 million 15,500 ETH announced that he had withdrawn.

Stating that the whale transferred 15,500 ETH to Binance, lookonchainstated that this transaction was also confirmed by Etherscan data.

Other data on the whale revealed that the whale had 30,000 ETH in September of 2022, while the whale now only has $19.58 worth of Ethereum.

This data also showed that the whale sold all its ETH holdings during the crypto winter.

Some experts studying the ETH activity of whales said that they expect a drop in Ethereum price due to a lack of whale activity despite a slight crypto rally.

Traded under more pressure than Bitcoin Ethereum The price has risen only 0.59% in the last 24 hours. at the time of writing ETH It continues to trade at $ 1,323.

*Not investment advice.

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