Whale Sells Over $8.68M in ETH After Massive Transfer to Binance

COINOTAG news, on October 2, reveals that a whale address has withdrawn 2,000 ETH from Spark Protocol and subsequently deposited the entire amount into Binance, valued at $4.96 million. This transaction occurred just four hours ago. To date, this address has liquidated 3,502 ETH with an aggregate value of $8.68 million, maintaining an average recharge price of $2,479. Historically, COINOTAG noted that the whale 0xAA1…3eE57, who has accrued over $32 million in ETH profits since September 2023, transferred 1,500 ETH to Binance earlier today, tallying a worth of $3.72 million, suggesting potential selling activity.