Recently, a significant transaction has drawn attention in the cryptocurrency market. On May 6th, COINOTAG reported that a well-known whale has transferred 2,981 ETH (worth approximately 5.42 million USD) to Binance. Since January 2024, this whale has accumulated 19,992 ETH at an average price of 2,550 USD. If these assets were liquidated under current market conditions, this move could expose the whale to a potential loss of about 2.185 million USD. Notably, it has been a month since this investor last deposited a large amount of ETH. The recent transfer highlights a gradual shift in their strategy, as the whale appears to have redeemed a significant portion of their held ETH from Ether.fi over the past five days. Investors and analysts will closely monitor the market's reaction to this significant change in the Ethereum ecosystem.
