During the market downturn, whales and institutions are still accumulating ETH, with a total of 47,500 ETH worth approximately $182 millions.
Foresight News reported, according to monitoring by Lookonchain, that during the market downturn, whales and institutions are still accumulating ETH. Two new wallets (possibly belonging to Bitmine) withdrew 33,323 ETH, worth approximately $126 millions, from FalconX and an exchange. In addition, an OTC whale purchased 14,165 ETH, worth about $55.5 millions, through FalconX, an exchange, and Wintermute.
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
The US Dollar Index (DXY) dropped 9 points in the short term and is now reported at 99.08.
Huaxing Bank is in talks to set up a $600 million fund to invest in BNB, with participation from YZI Labs.
Analysis: The market undergoes overall deleveraging, key market indicators signal a long-term upward trend
Trending news
MoreCrypto prices
More
