Whale Moves Again—2,981 $ETH Sent to Binance, Facing $2.18M Loss

A familiar ETH whale has resurfaced with another major move.

Five hours ago, wallet 0xAaf9f14f20145AD50db369E52b2793bfEB18a45B deposited 2,981 ETH (worth around $5.42 million) to Binance. If sold at current prices, it would lock in a $2.185 million loss.

This whale originally opened a 19,992 #ETH position starting January 1, 2024, at an average price of $2,550. It's been over a month since their last large deposit—and notably, this recent batch was just unstaked from Ether.fi over the past 5 days.

Whether this is a strategic repositioning or a signal of capitulation, the market is watching closely.