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CryptocurrencyPrice (USDT)
BTC$107281.6800000000
ETH$2431.6740000000
BNB$648.8097400000
XRP$2.1873730000
ADA$0.5663700000
SOL$150.0000000000
DOGE$N/A
DOT$3.3937000000
LTC$86.5277000000
LINK$13.3266600000

Whale Accumulates ETH: 3,844 ETH Transferred from CEX Worth $6.51 Million

Category: CRYPTO NEWS

The post Whale Accumulates ETH: 3,844 ETH Transferred from CEX Worth $6.51 Million appeared on BitcoinEthereumNews.com. COINOTAG News reported on April 21st that, according to LookIntoChain analytics, a prominent cryptocurrency investor, often referred to as a whale, is actively expanding their Ethereum (ETH) holdings. Just ten hours prior to this report, the whale executed a transfer of 1,897 ETH from a centralized exchange (CEX), translating to a value of approximately $3 million. This strategic move contributes to a broader trend observed since April 3rd, during which the same whale has withdrawn a cumulative total of 3,844 ETH from CEX platforms, amounting to an impressive $6.51 million. This accumulation activity may reflect the investor’s confidence in ETH’s long-term potential as the market continues to evolve. Such movements frequently indicate bullish sentiment and can have broader implications for market trends and liquidity. Traders and investors should monitor similar patterns to gauge potential shifts in market dynamics surrounding Ethereum and other altcoins. Source: https://en.coinotag.com/breakingnews/whale-accumulates-eth-3844-eth-transferred-from-cex-worth-6-51-million/

2025-04-21T03:29:24+00:00

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