$ETH 🔥Cryptographic whales are active today, especially in Ethereum. A whale deposited 14,977 ETH valued at over $40.5 million on Binance recently, which could indicate imminent sales. This whale has made a profit of over $40 million and currently holds ETH valued at over $10 million.

*Recent whale movements:*

- *Ethereum*: A whale deposited $40.5 million in ETH on Binance, which could create downward pressure on the price.

- *Trends*: Cryptocurrency investment products recorded outflows of $508 million last week, with Bitcoin seeing $571 million in outflows. Ethereum, however, recorded $3.7 million in inflows.

*Market impact:*

- The price of Ethereum fell 5% today, trading around $2,670.

- The cryptocurrency market fell more than 3% today, after a week of significant outflows.