Bullish

Warning of selling pressure as a whale transfers $18.6M in ETH to the exchange.

2026-08-04 17:02

A whale transferred 10,000 ETH worth $18.6M to Bitfinex, raising concerns about potential selling pressure.

On-chain monitoring: 10,000.00 ETH (worth 18.6M) was transferred from an exchange (sender) to a Bitfinex Wallet (7713) (exchange). Sender address: 0x109ec853789064ef391e003c4468687f9942c671, Receiver address: 0x77134cbc06cb00b66f4c7e623d5fdbf6777635ec.

WOOFUN AI

Impact Assessment · Quick Read

Large ETH deposits to exchanges often signal potential selling pressure, which could suppress ETH prices in the short term. Monitor for actual sell orders and order book changes on Bitfinex.
Generated by WOOFUN AI · For reference only, not investment advice

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