<div id="readability-page-1"><div><ul><li>Whale Garrett Jin moved 577,896 ETH (~$1.35B) to Binance over four days. Binance now holds about 3.62M ETH, roughly 24.6% of centralized exchange ETH supply.1</li><li>BitMine holds 5,206,790 ETH (≈4.31% circulating). It bought 26,659 ETH since May 4, will slow weekly buys from prior &gt;100k ETH, and has ~4.7M ETH staked (~90%).23</li><li>Large holder moved about 244,000 ETH to Binance over three days; ETH dipped to $2,277 then recovered to around $2,330 during the transfers, showing short-term sell pressure.4</li><li>ETHUSD rallied ~33% from February lows, testing resistance near $2,450 amid consolidation. Open interest rose about $4.5B during the rally, while funding rates stayed mostly negative.5</li><li>Analyst Celal Kucuker maps ETHUSD: short dip to $1,760–$1,800, rally to ~$4,900, breakout toward $6,000, cycle extension to ~$13,000, final parabolic target near $24,000 by 20286</li><li>Tom Lee set ETHUSD targets: $12,000 (8‑yr avg ETH/BTC), $22,000 (2021 high ETH/BTC), $62,000 (Ethereum as dominant finance infra); cites Grayscale on ~$300T tokenized market potential.7</li><li>Ethereum Foundation names Will Corcoran, Kev Wedderburn and Fredrik as Protocol co-leads; they’ll oversee protocol security, zkEVM efforts and cross-team coordination for ETH development.8</li></ul></div></div>

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Whale Garrett Jin transferred 577,896 ETH (~$1.35B) to Binance, which now holds 3.62M ETH (24.6% of centralized exchange supply). BitMine, holding 5.2M ETH, will reduce its weekly purchases. A large holder moved 244,000 ETH to Binance, causing a dip to $2,277 before recovering to $2,330. ETHUSD rallied 33% from February lows, with targets set by analysts ranging from $12,000 to $24,000 by 2028. The Ethereum Foundation appointed new protocol co-leads to enhance development efforts.

- Whale Garrett Jin transferred 577,896 ETH, valued at approximately $1.35 billion, to Binance, which now holds about 3.62 million ETH, accounting for 24.6% of the centralized exchange's ETH supply.  
- Large wallet movements resulted in ETH's price fluctuating from $2,277 to $2,330 due to short-term sell pressure, while ETH rallied 33% from February lows and is testing resistance near $2,450.  
- Analyst projections suggest potential ETH prices could reach up to $24,000 by 2028, with recent appointments in the Ethereum Foundation aimed at enhancing protocol security and development.

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Key facts: 577,896 ETH to Binance; BitMine Cuts Buys; 244,000 ETH Moved