Ethereum Whale Deposits $15.9 Million, Spark Selling Speculation on Binance

A large Ethereum deposit has triggered speculation in the cryptocurrency market about potential selling pressure. An Ethereum whale address, known for accumulating ETH over the past two years, recently transferred a substantial 3,711 ETH to the Binance exchange, valued at approximately $15.93 million. This move prompted questions about the whale’s intentions and its possible impact on price.