A cryptocurrency whale, inactive for two years, has stirred the market by depositing a significant amount of Ethereum (ETH) to Binance, a leading crypto exchange. Onchain Lens, an on-chain data provider, reported that the whale address (0x1ce...) transferred 1,000 ETH, valued at $2.5 million, to Binance. Such movements are often interpreted as a signal of intent to sell. Whales possess significant influence, and their actions can impact market sentiment and price fluctuations. While exchange deposits can indicate selling pressure, it's important to note that it doesn't always result in immediate sales. The whale may be rebalancing their portfolio, engaging in arbitrage, or using Binance for other services. Currently, ETH is trading around $2,500, according to CoinMarketCap. The market will be watching to see if this deposit will impact the price of ETH in the short term. ```

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