Ethereum Price Faces Pressure as Bitcoin OG Moves $396M ETH to Binance

Ethereum price traded nearly flat today despite a modest recovery across the broader crypto market. The second-largest cryptocurrency by market capitalization remained under pressure after a massive Ethereum transfer by prominent whale Garrett Jin, also known as BitcoinOG1011short. According to blockchain tracking platform Lookonchain, Jin deposited 166,023 ETH, valued at approximately $396 million, into Binance, sparking speculation about a potential large-scale selloff. The move has triggered concerns among investors that additional Ethereum selling pressure could weaken market sentiment…  Read more

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