Four major whale institutions sold 31,000 Ethereum, totaling $106 million, and the market's downward trend intensified!
Cumberland deposited 17,206 ETH to the exchange, worth about $57.3 million. This may indicate Cumberland's long-term confidence in Ethereum, or that it is preparing for future transactions.
Address 0xC3f8 deposited 7,976 ETH to Binance, worth about $26.6 million. This shows that the address may be adjusting its cryptocurrency holdings or preparing for some trading strategy.
Address 0x1717 also deposited 4,000 ETH to the exchange, worth about $13.32 million. This behavior may be related to market trends or the investment strategy of this address.
Alameda/FTX deposited 2,500 ETH to Binance, worth about $8.33 million. This transaction behavior has attracted market attention, especially in the context of a falling market. Some people believe that this may be a risk management strategy, or to buy Ethereum at a more favorable price in the future.
These large transactions may have a certain impact on the market.
