Massive 10,701 ETH Transfer by Whale to Exchange as Ethereum Price Drops

In a move that has triggered attention in the cryptocurrency community, an Ethereum whale recently offloaded all 10,701 ETH, equivalent to approximately $33 million, on popular exchange Binance. On-chain analytics firm Lookonchain reports a crypto whale who sold all their 10,701 ETH stash worth $33 million on Binance to repay a debt in recent hours. The whale went long on ETH by depositing ETH on the compound protocol and borrowing USDT to buy more ETH. The whale's decision to liquidate …