Chinese Crypto Investor Resumes Activity with $395 Million Ethereum Transfer

A significant transaction has occurred in the Ethereum market, involving a wallet reportedly linked to Garrett Bullish. According to on-chain data, 166,000 ETH was deposited into Binance after two months of inactivity, valued at approximately $395 million.

The transfer has resulted in selling pressure in the market and fueled speculation about possible strategic moves by the investor. The market is closely watching this development as it may indicate a shift in investment strategies or market sentiment.