Ethereum Faces Sell-Off Risk as Whale Moves $1.35 Billion in ETH to Binance

A crypto whale, Garrett Jin, has transferred $1.35 billion in Ethereum (ETH) to Binance, sparking concerns of a sell-off amid swelling exchange reserves. The deposits, tracked by Lookonchain, coincide with institutional outflows and exchange inflow spikes that have pushed Binance’s ETH holdings to nearly a quarter of the centralized supply. Whale Sends $1.35 Billion in