Giant Whale Activity on Binance: Massive $ETH Deposits and Potential Sell-Off

A significant player, recognized as a giant whale, has been active on #Binance with substantial #ETH deposits and transactions:

Around 2 hours ago, the whale deposited a massive amount of 12,000 ETH, equivalent to $39.75 million, into Binance. This influx suggests potential intentions to sell.

Additionally, yesterday, the same whale deposited 9,000 ETH, valued at $29.14 million, into Binance. Concurrently, they withdrew 30 million $USDT from Binance.

Wallet Address: 0x50b42514389F25E1f471C8F03f6f5954df0204b0