A notable Ethereum whale address moved 8,000 ETH ($13.24 million) to Binance, following previous transfers of 4,000 ETH, totaling $20 million in 20 days. The address initially received 64,000 ETH worth $106 million, raising speculation about its connection to czsamsunsb.eth.
Additionally, a surge in Ethereum call options trading on Deribit was reported, with contracts valued at $150 million. This heightened activity suggests significant interest from large traders (whales) in Ethereum price movements.