Smart money deposits 4,088.5 ETH worth $10.8M to Binance at a $342K loss
- —Wallet moved 4,088.5 ETH worth $10.8M to Binance
- —First activity from the address in two months
- —Selling now would realize a $342K loss
Why it matters: A large exchange deposit often signals intent to sell and could add pressure on ETH price.
Source: PANews