Binance Square

ethdeposit

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#Onchainactivity $ETH $BTC A notable event directly involving Binance is a large deposit that suggests potential selling activity. Major ETH DepositAn entity identified as "Trend Research" deposited **10,000 ETH (approximately $21.2 million)** to Binance. On-chain analysts suspect this move is for the purpose of selling, which could introduce significant selling pressure for ETH on the exchange. This action followed a withdrawal of 30 million USDT from Binance by the same entity, likely to repay a loan. #binancemarketsentiment #ethdeposit {spot}(ETHUSDT) {spot}(BTCUSDT)
#Onchainactivity $ETH $BTC
A notable event directly involving Binance is a large deposit that suggests potential selling activity.

Major ETH DepositAn entity identified as "Trend Research" deposited **10,000 ETH (approximately $21.2 million)** to Binance. On-chain analysts suspect this move is for the purpose of selling, which could introduce significant selling pressure for ETH on the exchange. This action followed a withdrawal of 30 million USDT from Binance by the same entity, likely to repay a loan. #binancemarketsentiment #ethdeposit
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