Whale Moves 2,700 ETH to Binance: Profit Potential Surges Amidst $2,550 Average Position

On December 14, COINOTAG reported significant activity in the crypto market, highlighting an influential **whale** account that aggregated a noteworthy position of **19,992 ETH** at an average entry price of **$2,550** since January **2024**. Recent on-chain data analysis, conducted by the analyst @ai_9684xtpa, revealed that this address initiated a substantial transfer of **2,700 ETH** to **Binance**, translating to an approximate value of **$10.56 million**. Should this ETH be liquidated, the account stands to realize an impressive profit margin of **$3.67 million**. Notably, the address continues to maintain a robust holding of **13,162 ETH**, indicating strategic positioning that could further influence market dynamics. This transfer underlines the importance of monitoring **whale** movements, as they can considerably sway market trends and investor sentiment.