#ETH Whale Movements 🔥🔥🔥🔥
On-chain monitoring data shows that a dormant crypto whale wallet, which has been inactive for a year, has suddenly made a large transfer - it recently deposited 1000 ETH into the leading crypto exchange Binance, valued at approximately $1.6 million at current market prices. The wallet address still holds 2001 ETH, with a total value of $3.16 million. The whale continues to signal significant liquidity release, and may further sell off its remaining holdings. The market faces increased selling pressure in the short term, and investors are advised to closely monitor on-chain fund flows and cautiously guard against potential risks caused by severe volatility in Ethereum prices.