Anonymous whale deposits $74.7M in ETH to Binance

An anonymous whale address starting with 0x55C1 has deposited 43,235 ETH ($74.68 million) to Binance, according to Onchain Lens. Deposits to exchanges are typically interpreted as a move to sell. The address currently holds 43,562 ETH in staking, with an estimated unrealized loss of $12.7 million.