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An anonymous whale address starting with 0xF4B deposited its entire holdings of 1,417.77 ETH to Binance about eight hours ago, according to on-chain analyst ai_9684xtpa. Exchange deposits are typically interpreted as a sign of selling.
The whale withdrew about $3.78 million worth of ETH from Binance between Sept. 19 and 23, with an average purchase price of $2,667.77 at the time. With ETH at $2,364.18 when the latest deposit was made, the wallet would have posted an estimated loss of about $430,000, or 11.38%, if the holdings were sold at that price.