Ethereum Whale Moves $15 Million to Binance as Price Drops Near Support

Ethereum prices dropped below $3,000 on Sunday, reaching levels near the $2,800 mark. This movement prompted a significant transaction from a major Ethereum holder who deposited 5,000 ETH (around $15.05 million) to Binance, a move that adds pressure to an already fragile market. This recent deposit follows several others from this whale to exchanges, indicating increased selling activity and fueling concerns about the price’s trajectory.