Ceffu Unloads $264M in Bitcoin and Ethereum on Binance

Ceffu recently made significant transactions on Binance, depositing $136.54 million in USDC and withdrawing $263.81 million worth of BTC and ETH within a 30-minute window.

The withdrawals consisted of 1,524 BTC ($117.89M) and 59,484 ETH ($145.92M). This move has sparked interest among market observers.

The current price action on the 4-hour chart shows Ethereum at $2,461.4, situated above its 50-day EMA ($2,239.28) and 200-day EMA ($2,003.73).

However, the MACD death cross at 72.14 indicates fading momentum, while the RSI remains neutral at 67.17.