The Ethereum Foundation transferred 35,000 ETH to CEX 7 hours ago, valued at approximately 94.07 million USD
According to on-chain analyst Yu Jin, the Ethereum Foundation transferred 35,000 ETH (worth $94.07 million) into CEX seven hours ago. Their last transfer of ETH to CEX was on May 6th last year when they moved 15,000 ETH (worth $30.1 million) into CEX. Following that transfer, the value of ETH fell by 13% ($2,006→$1,740) over the next six days.
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
Ethereum's net supply increased by 18,469 in the past 7 days
Swiss crypto bank Amina Bank completes DLT settlement test via Google Cloud
Data: Machi increases Ethereum long positions to $28.6 millions, with an entry price of $2,981.59
Nasdaq: Approval of its tokenized stock program by the SEC is now a top priority