Amid a recent price surge, a crypto whale moved a notable 25,800 Ethereum (ETH) worth $87 million to Binance.
Ethereum made a post on X on 29th July stating that a giant whale has moved a notable 25,800 ETH worth $87 million to Binance.According to the post on X, the whale bought 26,721 ETH from Binance at an average price of $3,457 between 31st May and 25th July of this year.
This move has raised concern among investors and traders. Meanwhile, the reason for this massive deposit remains unclear. However, data such as Total-Value Locked and Open Interest suggest that this notable ETH deposit might not impact the ETH price.
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