The cryptocurrency Eurite (EURI) recently attracted attention in the crypto community due to a significant transfer of nearly 10% of its supply to the Binance platform, which may affect the market.
Eurite's Funds Move to Binance
On June 17, 2025, approximately 4 million EURI, nearly 10% of the total supply of 40 million tokens, was transferred to Binance. This action became noticeable among large holders of the cryptocurrency.
Market Impact and Historical Data
According to Santiment, such large deposits to centralized exchanges like Binance often precede volatility. Historically, whale sell-offs tracked on the platform have led to price drops of 5-15% within 72 hours. This transfer, valued at around $4.6 million, could indicate profit-taking or a strategic repositioning, particularly amid growing market sentiment.
Current Volumes and Future of Eurite
Eurite has maintained stable trading volumes, with $14.92 million exchanged in the last 24 hours, indicating ongoing market interest. However, whale activity introduces uncertainty. The token's all-time high of $1.16, reached on June 12, 2025, is just 1% above its current price. Monitoring whale movements remains a key element for traders.
The crypto community is closely watching Eurite's price fluctuations over the next few days. Will this deposit signal a sell-off, or does it reflect a whale's confidence in future growth of the cryptocurrency?
