A major whale (0xdECF) has deposited 5,000 $ETH to Binance, bringing their total sales to 25,603 $ETH since October 28. This significant inflow of $ETH to exchanges could increase selling pressure and weigh down prices, contributing to a bearish sentiment. In the short term, watch for continued sell-offs and look for potential strategic entry points.

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ETH
ETH
2,811.5
-0.22%