Ethereum

Read

View

Four ethereum (<a href="https://crypto.news/price/ethereum/" rel="noopener noreferrer nofollow">ETH</a>) whales moved 78,900 coins to Gate.io and Coinbase over the past 24 hours. The shifting comes while the ETH price declines slightly in the mentioned timeframe. 
According to data provided by Whale Alert, the latest transaction, 15,000 ETH, was sent to the California-based crypto exchange Gate.io. The address still has $859 worth of cryptocurrencies left. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 🚨 🚨 15,000 <a href="https://twitter.com/hashtag/ETH?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#ETH</a> (28,439,729 USD) transferred from unknown wallet to <a href="https://twitter.com/hashtag/GateIO?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#GateIO</a><a href="https://t.co/NkdlpwtwPZ" target="_blank" rel="noopener noreferrer nofollow">https://t.co/NkdlpwtwPZ</a>— Whale Alert (@whale_alert) <a href="https://twitter.com/whale_alert/status/1681878545243467781?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 20, 2023</a> 
 </blockquote> 
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
Moreover, the remaining three transactions — each containing <a href="https://t.co/IAuDcLTe96" target="_blank" rel="noopener noreferrer nofollow">21,266</a> ETH, <a href="https://t.co/M8iv0dUKmM" target="_blank" rel="noopener noreferrer nofollow">21,296</a> ETH and <a href="https://t.co/8WfKaGibRe" target="_blank" rel="noopener noreferrer nofollow">21,338</a> ETH — were sent to the Coinbase exchange over the past 24 hours, Whale Alert’s data shows. 
 You might also like: <a href="https://crypto.news/arkhams-beta-complete-on-chain-intelligence-exchange-live/" rel="noopener noreferrer nofollow"> Arkham’s beta complete, on-chain intelligence exchange live </a> 
Per the data provider, the total amount of the assets moved in these four transactions is worth roughly $150.3 million. 
The movements come while the ETH price slightly declines over the past 24 hours, falling by 0.23%. Ethereum is trading at $1,905 at the time of writing, with a total market capitalization of $229 billion — with an 18.9% market share. 
<figure class="wp-block-image size-full"> 
 <img decoding="async" width="1136" height="611" src="https://crypto.news/app/uploads/2023/07/ETH-price-July-20.png" alt="Ethereum whales move 79k ETH to Gate.io and Coinbase - 1" class="wp-image-14179505"> 
 <figcaption class="wp-element-caption">
 ETH price – July 20 | Source: Trading View 
 </figcaption> 
</figure> 
However, Ethereum’s 24-hour trading volume has risen by 6.16%, surpassing the $6 billion mark. The asset is still down by 6% from its local top of $2,026 on July 14. 
This is not the first time ethereum faces a major move into crypto exchanges over the past few days. On July 19, a dormant ETH wallet containing 61,216 coins totaling roughly $116 million went live. It <a href="https://crypto.news/dormant-whale-awakens-after-8-years-moves-over-116-million-of-ethereum-to-kraken/" rel="noopener noreferrer nofollow">moved</a> its assets to Kraken exchange. 
 Read more: <a href="https://crypto.news/okx-introduces-staking-like-function-for-btc-and-brc-20-tokens/" rel="noopener noreferrer nofollow"> OKX introduces staking-like function for BTC and BRC-20 tokens </a>

Ethereum whales move 79k ETH to Gate.io and Coinbase

crypto.news

Other articles published on Jul 20, 2023

G20 Finalize on Global Crypto Regulation Recommendations

Vitalik Buterin’s NFT Heading to Auction at Record Price!

Las Vegas Sands Price Prediction: Will LVS Stock Price Fall?

OKX introduces staking-like function for BTC and BRC-20 tokens

This Country Will Establish Crypto-Based Bank To Resist The Coup, The Bank Will Work On This Altc...

Chinese Police Uncover $54 Million USDT Money Laundering Scheme.

Join our free newsletter for daily crypto updates!