Ethereum Whale Transfers 3,000 ETH to Binance Amid $36 Million Conversion Activity

ETH

ETH/USDT

$2,113.64

-7.22%

$2,113.64

-7.22%

(24s)

24h Volume

$37,939,871,804.04

24h H/L

$2,293.99 / $2,068.20

Change: $225.79 (10.92%)

Long/Short

79.4%

Long: 79.4%Short: 20.6%

Funding Rate

+0.0040%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,087.22

▼ -2.84%

Volume (24h): -

Resistance Levels

Resistance 3$2,820.15

Resistance 2$2,294.17

Resistance 1$2,149.26

Price$2,087.22

Support 1$2,068.20

Support 2$1,940.12

Support 3$1,532.78

Pivot (PP):$2,109.73

Trend:Downtrend

RSI (14):22.5

On October 6, 2023, in a significant move observed by market analysts, Ethereum whale vladilena.eth transferred 3,000 ETH to Binance, amounting to approximately $7.25 million. This action raises suspicions of a potential sell-off among large holders. In a span of just 17 hours, this same entity also exchanged 15,033 weETH (valued around $36.39 million) back into ETH and strategically deposited these into Aave. Following this, another 3,000 ETH was moved to a centralized exchange, indicating active portfolio adjustments. Notably, Aave currently holds a total of 20,000 ETH, reflecting the platform’s growing liquidity. Investors should closely monitor these transactions as they may signal broader market trends within the Ethereum ecosystem.