🚨 *Whale Alert*: 23,834 ETH (≈60.87M) just moved from an *unknown wallet* to *Ceffu* 🐋💰
🔍 *What’s Ceffu?*
Ceffu is Binance's institutional custody platform — often used by *high-net-worth investors, funds, and institutions* for cold storage or secure management.
📊 *What this transfer suggests*:
- ✅ Likely *not an immediate sell-off*, since Ceffu is custodial, not a trading platform.
- 🧊 Could indicate *long-term holding*, staking plans, or OTC deal preparations.
- 🛡️ Institutions parking funds into Ceffu might mean *increased confidence* in ETH’s long-term future.
📈 *Market Impact*:
- *Bullish-neutral* in the short term — this ETH isn’t heading straight to an exchange.
- Could support ETH price stability or *hint at large players accumulating quietly*.
🔮 Keep an eye out — if this ETH *stays parked*, it's a strong signal that big players expect higher prices. If it moves again to exchanges? Be cautious ⚠️📉
🧠 Smart money moves before the trend.