Massive Whale Moves $40M in $ETH
– Profits Soar Over $40M!
A high-profile Ethereum whale has just made a major deposit of 14,977 $ETH ($40.57M) to Binance within the last two hours, sparking speculation across the crypto community.
This whale has been strategically maneuvering their $ETH holdings for nearly a year. Between April 28, 2023, and June 26, 2023, they accumulated 32,417 ETH ($60.5M) from Binance at an average price of $1,866. However, in a major shift, since March 20, 2024, the same wallet has deposited 30,748 ETH ($90.37M) back to Binance, this time at an average price of $2,939.
As of now, the whale retains a balance of 3,920 ETH ($10.57M), with a staggering total profit exceeding $40 million! Such large-scale transactions often influence market liquidity and price action, leading to heightened trader interest. Will this whale’s next move trigger a market reaction?
🔍 Whale Address: 0xde804e46f67ebeecbe4c0a54efe33143cb7ab9e2#ETH #EthereumRollbackDebate