Arkham Intelligence reports EZ Labs, previously Binance Labs, transferred 5 million 1INCH tokens, valued at $1.07 million, to Binance. This activity sparks speculation within the crypto community. Exchange Deposits: Sale Imminent? Typically, deposits to exchanges are viewed as a precursor to selling. The reverse is also true, when the intentions may be more towards holding for long term. However, a deposit does not guarantee an immediate sell-off. EZ Labs might be rebalancing their portfolio, hedging against market volatility, or preparing for other strategic moves. Impact on 1INCH Price The market will be watching closely to see if this large deposit triggers a price drop in 1INCH. Traders are advised to exercise caution and conduct thorough research before making any investment decisions based on this single transaction. Further analysis will be needed to know for certain if or when EZ Labs will act upon this exchange deposit. ```