According to the latest data from blockchain analytics platform Onchain Lens, on February 2, an address labeled the 'BTC OG insider whale' transferred 15,001 ETH to Binance exchange. Estimated at current prices, the funds are worth about $34.57 million.
Notably, this is not the first major move by this whale in recent days. Over the past 48 hours alone, it has transferred a total of 121,185 ETH to the Binance platform, valued at up to $292.37 million. Analysts suggest that such significant fund flows could signal important market shifts, potentially affecting Ethereum's price trends.