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Ethereum whale transfers 17 million USD in ETH to Binance amid sell-off concerns

The NEXO-linked whale has liquidated over 22,740 ETH, sparking concerns about trader sentiment. Earlier, this whale transferred 18,000 ETH worth about 70.8 million USD, showcasing a trend of significant sell-offs.

With nearly 170 million USD in ETH sent to Binance, Ethereum’s price at 3,448 USD indicates resilience despite a 1.2% decline. This situation portrays cautious Optimism among traders in a volatile market.

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