Crypto
Ethereum Whale Moves $108M to Exchanges Amid Price Stability
An Ethereum whale has transferred $108 million to several major cryptocurrency exchanges, sparking speculation about potential selling pressure.
The transfer of 43,880 ETH was distributed across Binance, OKX, Bybit, Kraken, and Gate within the past 24 hours, according to data from on-chain tracking platform Onchain Lens.
Market observers often interpret large exchange deposits as a potential precursor to selling, but the impact depends on market liquidity, order book depth, and broader sentiment.