Two Whale Addresses Deposit 5,069.5 ETH Worth About $11.69 Million to Exchanges

Two whale addresses moved a combined 5,069.5 ETH worth about $11.69 million to Kraken and Binance, potentially adding sell-side pressure, BlockBeats reported citing onchain analyst Ai 姨.

Exchange transfers

Address 0x882…42058 deposited 2,558.5 ETH worth about $5.9 million to Kraken. The report said the address built its position in stages during 2025-26 at an average withdrawal price near $2,880, and a sale could represent a loss exit. A second address, 0x5a3…Cf9F5, withdrew 2,511 ETH from Aave after 11 months of inactivity and deposited it all into Binance, worth about $5.79 million.

What the transfers show

Exchange deposits can signal potential selling, but they do not prove that either wallet has sold the ETH.

Source: BlockBeats, 2026-10-27 01:27:32 UTC.