Ethereum Whale luggis Deposits 2000 ETH into Binance, Threatens to Start Selling

BlockBeats News, March 31st, according to on-chain analyst Ai Yi (@ai_9684xtpa), Ethereum whale luggis (@luggisdoteth) woke up after a year of dormancy, suspected of selling ETH.

A year ago, he unstaked 5566 ETH from Lido (ETH price was $2210.84 at the time), and had not made any transactions since then. However, just 2 hours ago, he deposited 2000 ETH into Binance, around $4.08 million. It is unknown whether the remaining 3567 ETH in the wallet will also be transferred out.