Within the final 3 hours, wallets affiliated with cryptocurrency evaluation and funding firm Matrixport deposited a complete of 95,873 ETH (roughly $452 million) to Binance and OKX exchanges.
Within the final 2 hours, 2,354.6 BTC ($272 million) was withdrawn from the identical wallets from Binance and OKX.
This transfer is interpreted as the corporate promoting ETH and shopping for BTC.
One other notable transfer within the Ethereum market got here from the continually shopping for and promoting deal with 0x3c9E. This unfortunate whale is understood for promoting throughout market dips and shopping for once more when costs rise. His transactions in current months are as follows:
- July 29 – August 3: 38,582 ETH ($136.9 million) bought, common value $3,548.
- August 8 – 15: 16,800 ETH ($74.3 million) had been purchased again, common value $4,424.
- August 16–20: 10,900 ETH ($47.6 million) bought, common value $4,369.
- Final 20 hours: 7,500 ETH ($35.6 million) purchased again, common value $4,747.
One other notable transfer got here from a serious Bitcoin investor. This early-stage whale elevated his Ethereum holdings by promoting an extra 4,000 BTC (roughly $460 million). He has bought 179,448 ETH ($806 million) up to now, at a median value of $4,490. He presently holds an extended place of 135,265 ETH ($581 million).
*This isn’t funding recommendation.
