Ethereum Faces Sell-Off Risk as Whale Moves $1.35 Billion in ETH to Binance

May 11, 2026 - 06:15
Ethereum Faces Sell-Off Risk as Whale Moves $1.35 Billion in ETH to Binance
A crypto whale, Garrett Jin, has transferred $1.35 billion in Ethereum (ETH) to Binance, sparking concerns of a sell-off amid swelling exchange reserves. The deposits, tracked by Lookonchain, coincide with institutional outflows and exchange inflow spikes that have pushed Binance’s ETH holdings to nearly a quarter of the centralized supply. Whale Sends $1.35 Billion in...

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0