Kanye West Dumps 1445 ETH on Binance Amidst Ethereum Price Volatility
Kanye West has made a significant move in the crypto market by transferring 1445 ETH valued at $3.91 million from Aave to Binance, marking his return to exchange deposits after an 11-month absence.
This transfer leaves the artist with $26.7 million in remaining on-chain crypto holdings in wallet 0xaF184b4cBc73A9Ca2F51c4a4d80eD67a2578E9F4.
The move comes at a time when ETH is trading at $2733.92, testing upper Bollinger resistance at $2730.98. Technical indicators suggest a potential healthy retracement before continuation, with the MACD golden cross at 2.97 and EMA50 support at $2672.98.