Is the Surge in Selling Activities Reflected by the Transfer of $42.8M ETH to Binance?

Thursday, 21 March 2024, 11:55

An investor moved 12,000 ETH, valued at $42.8 million, to Binance, hinting at a potential increase in selling activities within the crypto market. The transfer, monitored by Lookonchain, raises questions about the motives behind moving such a significant amount to a major exchange like Binance, signaling a possible shift in market sentiment towards selling pressure.

https://store.livarava.com/84a173cc-e77b-11ee-968f-5254a2021b2b.jpe — Is the Surge in Selling Activities Reflected by the Transfer of $42.8M ETH to Binance?

Crypto Whale Transfers $42.8M ETH to Binance

Roughly 18 hours ago, an investor holding a large amount of ether transferred 12,000 ETH worth $42.8 million to Binance, according to Lookonchain.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Crypto Whale Transfers $42.8M ETH to Binance

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