Whale Transfers $7.53 Million in ETH to Binance, Adding to Market Fluctuations

A significant cryptocurrency holder known as a ‘whale’ deposited 3,000 Ethereum (ETH) worth approximately $7.53 million onto the Binance exchange on June 2, 2025. This follows other substantial deposits from this investor in recent months. The move could contribute to heightened market volatility and selling pressure. Binance, the platform where the deposit was made, will experience an influx of liquidity. Meanwhile, overall net flows from whales remain positive, suggesting further buying activity among larger investors.