🐋 A whale that suffered a $230M liquidation on Hyperliquid in February just moved another 78,000 ETH ($178M) into Binance 30 minutes ago. This comes just 2 days after depositing 166,000 ETH ($395M) to the same exchange. 📉 The impact is already visible. ETH staged a solid recovery from $2,220 to $2,423 between May 1 and May 6. But by the end of May 6, immediately after the first whale deposit, ETH reversed sharply from $2,423 down to $2,277. Now, with another massive transfer hitting Binance, selling pressure is building once again. 🔍 This whale's history adds weight to the move. After losing $230M in a single liquidation event, their subsequent actions have consistently influenced market direction. Large deposits to Binance typically signal intent to sell or use as margin, and the market has responded accordingly. 💡 Key takeaway: Whale behavior remains a dominant force in ETH's short-term price action. With hundreds of millions in ETH now sitting on Binance, traders should monitor for potential continued downside pressure. This is not financial advice — just pure market mechanics at play. 📊 The addresses involved in these transactions can be publicly traced on-chain for those who wish to verify.