Large Ethereum Deposits to Binance Suggest Possible Dump | Flash News Detail | Blockchain.News

Large Ethereum Deposits to Binance Suggest Possible Dump

9/1/2024 3:06:50 AM

Large Ethereum Deposits to Binance Suggest Possible Dump

According to @OnchainDataNerd, a wallet potentially linked to the ARB Foundation deposited 60,000 ETH (approximately $150.33 million) to Binance 8 hours ago. Within a 24-hour period, the same wallet deposited a total of 90,000 ETH (around $226.02 million) to Binance. This significant movement of Ethereum to the exchange could indicate a potential sell-off, which may impact the ETH market. (Source)

Ethereum ETH Binance ARB Foundation

More from The Data Nerd (@OnchainDataNerd): The Data Nerd (On a mission to make onchain data digestible)