Crypto NewsAltcoinTwo Giant Cryptocurrency Whales Withdraw $70 Million Worth of Altcoins from Binance...

Two Giant Cryptocurrency Whales Withdraw $70 Million Worth of Altcoins from Binance and OKX

According to on-chain data, two major cryptocurrency whales made large withdrawals of altcoins from central exchanges today.

Follow Bitcoin Sistemi Google News Button

Two mysterious cryptocurrency whales made large transactions on major crypto exchanges today.

A mysterious entity identified by the multisig wallet address 0x8b5 withdrew a staggering 25,000 ETH (equivalent to $66.83 million) from Binance. The transaction was executed at an Ethereum price of $2,673.

Interestingly, the multisig wallet in question had received 0.01 ETH from another address named 0x66E. This address is allegedly linked to Metalpha, a global digital asset management company based in Hong Kong.

Currently, the multisig wallet has staked the entire 25,000 ETH via Mantle Network, a popular staking platform.

Related News  JPMorgan Analysts Comment on the Fate of BTC Miners Following the Approval of Bitcoin Spot ETFs

In another significant move, a new wallet identified as 0x253 withdrew 1,740 ETH ($4.69 million) from OKX, another major cryptocurrency exchange. In total, the wallet withdrew 3,370 ETH ($9.06 million) from CEX via three transactions in the last hour.

ETH price is trading at $2,676 at the time of writing this article and has increased by almost 20% in the last week. In the same period, the increase in BTC was 2% based on current prices.

*This is not investment advice.



Buradaki Yorumlardan Bildirim Al
Bildir
guest

0 Comments
Latest
The oldest Top Rated
Inline Feedbacks
View all comments

Popular Posts of the Week