Ethereum Price Plummets As Whale Transfers $33 Million ETH To Binance

Ethereum price’s meteoric rise was abruptly interrupted Saturday as a sizable amount of the digital asset was transferred to Binance exchange.  The transfer, which occurred at 1:30 AM Eastern Time, sent shockwaves through the market and raised concerns of a potential sell-off, causing ETH to lose a significant portion of its market value.