Mysterious Whale Sells $408M in Ethereum, Depositing into
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Coinfomania
Cryptocurrency News | Cryptocurrency Prices | Market CapMysterious Whale Sells $408M in Ethereum, Depositing into
A mysterious Ethereum whale has sold $408M in ETH, raising concerns in the market. Here's what traders need to know. The post Mysterious Whale Sells $408M in Ethereum, Depositing into appeared first on Coinfomania.
Large-scale Bitcoin and Ethereum transfers by institutional investors are attracting attention in the cryptocurrency market. On-chain data shows that one institution sent approximately $129 million worth of Ethereum to centralized exchanges in the last two days, while hundreds of millions of dollars worth of transactions also took place on Cumberland and Metaplanet. According to the shared data, an unnamed institution has transferred a total of …
Whale Linked To Institutional Investor Moves $129M In Ethereum To Exchanges, Raising Sell-Off Concerns
BitcoinWorld Whale Linked to Institutional Investor Moves $129M in Ethereum to Exchanges, Raising Sell-Off Concerns An anonymous whale, believed to be an institutional investor, has transferred 52,739 ETH — worth approximately $129 million — to six centralized exchanges, including Binance and OKX, over the past two days. The movement was flagged by on-chain analyst EmberCN, who noted that the address still holds 101,561 ETH, valued at around $24…
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