Earlier today, $ETH saw a rapid price spike—but the rally was short-lived. Fresh on-chain insights reveal that Binance offloaded a large chunk of long positions, dumping millions in $ETH within just one hour.
📉 What’s Happening Behind the Scenes
Blockchain trackers show Binance’s hot wallets triggered the sell-off, causing a swift reversal after the initial pump. It’s a clear reminder of how influential big players are in shaping short-term market moves.
⚠️ Why It Matters
Massive liquidations like these can shake market confidence and raise questions about fairness and transparency. Many experts are calling for tighter oversight to protect retail traders from sudden volatility.
👀 What’s Next?
All eyes are on $ETH
—will it find support, or are we in for more wild swings?
ETH #Ethereum #CryptoUpdate #BinanceMoves #VolatilityAlert #BNBATH900 
