A big Ethereum (ETH) whale has just stunned the community with a sudden move. This development is notable as it comes at a time when ETH has witnessed a slight surge in its price. As the market is expecting more gains from the leading altcoin, this whale has ignited speculation in the community.

According to Whale Alert, an Ethereum whale has transferred 12,215 ETH to crypto exchange Binance. The transfer is estimated to be worth around $41.2 million dollars. The ETH community is showing concern over this move because it appears that the whale is going to sell these coins.