Whale Ethereum Deposit Sparks Market Buzz: Is a Sell-Off Imminent?

A substantial unstaked Ethereum deposit of $64.4 million has captured market attention, raising questions about its implications for the crypto landscape. This notable move involves three linked wallets believed to be controlled by a single large investor or ‘whale’ cluster, who transferred this considerable amount onto Binance Exchange. The timing and context of this deposit has fueled speculation on its potential impact on Ethereum prices.