Ethereum Whale Moves $1.35B ETH to Binance as Exchange Reserves Surge

A major Ethereum whale has triggered fresh market concerns after transferring nearly $1.35 billion worth of ETH to Binance within just four days. Blockchain tracking platform Lookonchain revealed that crypto investor Garrett Jin moved 577,896 ETH to the exchange, fueling speculation about a possible large-scale sell-off as Ethereum exchange reserves continue rising. The massive ETH transfer comes during a period of increased volatility in the crypto market. According to on-chain data, Jin originally accumulated the Ethereum position after swapping Bitcoin for ETH roughly eight months ago when…  Read more

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