Is it over for $ETH ? Confidence among traders seems to be cracking.

Just 2 hours ago, another major ETH player — wallet 0xD746A2a6048C5D3AFF5766a8c4A0C8cFD2311745 — deposited all 20,461 ETH (worth $45.67 million) into Binance, signaling a potential full exit from the game.

This ETH had been gradually redeemed from StakeStone and Blast over the past 5 months. Notably, 9,117 #ETH was acquired between August 2023 and February 2024 at an average of $2,003, meaning a potential profit of $2.087 million if sold.

But the tone is clear:

Even profitable whales are heading for the door.

Whether it’s caution, liquidation, or a loss of faith — the market is listening.