Large-scale transfers made by whales in the cryptocurrency market have attracted attention in recent hours.
Withdrawals from wallets and exchanges that had been dormant for a long time have entered the radar of investors.
First, a wallet that had been inactive for 2 years withdrew 10.36 million DOGE (worth $2.25 million) from Binance.
In another major move, a whale removed 2,329 ETH ($10.01 million) from Binance. This whale was also found to be holding 5,552 ETH, 3.11 million USDT, and 2.81 million USDe in a liquidity pool on Uniswap V4, and 32 million USDe on Pendle V2.
A whale withdrew 2 million SPX (worth $2.26 million) from Kraken nine hours ago. This wallet currently holds 9.09 million SPX (worth $10.27 million) and is making a $5.86 million profit.
Meanwhile, the Ethereum ecosystem also witnessed some historic movements. The 0x0F08 wallet, affiliated with the Ethereum Foundation, moved 4,000 ETH ($17.13 million) to a new address after nine years. This wallet had acquired 97,500 ETH (~$91,000) from the Ethereum Foundation 10 years ago at around $0.93 and later deposited it to Kraken at $4.65.
*This is not investment advice.
