A whale/institution deposited 10,911 ETH to CEX, equivalent to 33.85 million US dollars
According to ChainCatcher, on-chain analyst @ai_9684xtpa monitored that five minutes ago, the whale/institution that established a position in ETH two weeks ago recharged 10,911 ETH to Coinbase, equivalent to $33.85 million.
It is reported that these tokens were transferred out from Coinbase at an average price of $3,066 when ETH fell in the early morning of April 17, and the amount transferred out each time was exactly the same; if all were sold this time, a profit of $1.57 million would be made.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
How much is ETH really worth? Hashed provides 10 different valuation methods in one go
After taking a weighted average, the fair price of ETH exceeds $4,700.
Dragonfly partner: Crypto has fallen into financial cynicism, and those valuing public blockchains with PE ratios have already lost
People tend to overestimate what can happen in two years, but underestimate what can happen in ten years.
Balancer Rallies to Recover and Redistribute Stolen Funds After Major Cyber Attack
In Brief Balancer plans to redistribute $8 million to users after a massive cyber theft. The recovery involved crucial roles by white-hat researchers rewarded with 10% incentives. Unclaimed funds will undergo governance voting after 180 days.
Bitcoin Faces Renewed Selling Pressure as Whale Deposits Spike and Market Fear Deepens
Trending news
MoreCrypto prices
More
