A whale/institution transferred $11.57 million Ethereum token to Binance for sale in the past 1 hour
According to on-chain analyst Ember monitoring, a giant whale/institution that bought ETH and ETH eco-related tokens after the 19-4 document of ETH spot ETF was approved at the end of May transferred a variety of ETH eco-tokens worth 11.57 million US dollars into Binance for sale in the past 1 hour, causing these tokens to fall to varying degrees, including: 3.514 million LDO ($6.23 million); 4.97 million AAVE ($449); 319,800 FXS ($85).
This whale is obviously betting on ETH spot ETF news to drive ETH to think about ecological tokens. So he bought a variety of tokens worth tens of millions of U. He is now selling all these ETH ecological tokens at a loss, without any profit.