According to Gateio_zh, major Ethereum block builder Beaverbuild deposited 5,500 ETH, worth $13.63 million, to Binance within the past hour. Since November 2023, this wallet has cumulatively transferred 24,519 ETH (valued at $66.46 million) to major exchanges. Such large-scale deposit activity from a key network participant may indicate increased liquidity and potentially heightened selling pressure for ETH in the near term, impacting short-term trading strategies. (Source: intel.arkm.com, Gateio_zh)

According to Lookonchain, the entity known as Beaverbuild has recently deposited 5,550 ETH (approximately $14.95 million) to Binance. Over the past year, Beaverbuild, identified as a block builder, has deposited a total of 14,657 ETH (around $39.83 million) to both Binance and OKX.