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Binance Whale Moves 60,000 ETH to Staking Address, Ethereum Price Sees Bullish Movement
ByAinvest
Thursday, Sep 4, 2025 5:26 am ET1min read
A significant transfer of 60,000 ETH worth $261.5 million has been made from Binance Spot to a staking address on the Binance Beacon Chain. This move is considered bullish as the whale is locking up the ETH to earn yield, signaling confidence in the asset's future price increase. Ethereum's price has also shown a slight increase in the last 24 hours and is expected to break the $4,500 resistance level and potentially reach $5,000.
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