Data: A whale sold $16 million worth of ETH 9 hours ago, and there may be about 8,000 ETH left unsold

According to TechFlow, on-chain analyst Lookonchain has monitored that the whale address starting with 0xb154 withdrew 16 million USDT from Binance again 9 hours ago.

This address deposited 25,000 ETH (worth about $47.24 million) to Binance yesterday. The drop in ETH prices 11 hours ago was likely due to the sell-off by this address. This address may still have about 8,000 ETH (about $14.7 million) unsold.