Ethereum

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<ul class="news-points"> 
 <li><strong>According to Lookonchain, crypto whales have started accumulating and staking ETH.</strong></li> 
 <li><strong>Loonkonchain spotted two significant whale ETH withdrawals from Binance.</strong></li> 
 <li><strong>One whale withdrew 4,288 ETH, while another one withdrew 9,530 ETH.</strong></li> 
</ul> 
<p>Crypto whales have started accumulating and staking ETH, the native coin of the <a href="https://coinedition.com/what-is-ethereum-complete-guide-to-the-2nd-largest-blockchain-project/" rel="noopener noreferrer nofollow">Ethereum blockchain</a>, according to Lookonchain, the smartmoney on-chain analytics platform. Loonkonchain spotted two whales that made significant ETH withdrawals from the Binance exchange.</p> 
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   <p lang="en" dir="ltr">We have noticed whales accumulating <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> and staking <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> recently.<br><br>Whale"0x7838" withdrew 4,288 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a>($7.2M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> and staked 4 days ago.<a href="https://t.co/t4kEEonDjg" target="_blank" rel="noopener noreferrer nofollow">https://t.co/t4kEEonDjg</a><br><br>Fresh wallet"0x4b7B" withdrew 9,530 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a>($16M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> and staked.<a href="https://t.co/Fvh2w3skvI" target="_blank" rel="noopener noreferrer nofollow">https://t.co/Fvh2w3skvI</a> <a href="https://t.co/cyp7abwoOk" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/cyp7abwoOk</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1708521682904993920?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 1, 2023</a> 
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<p>According to Lookonchain, one whale withdrew 4,288 ETH, equivalent to $7.2 million, while another withdrew 9,530 ETH, worth $16 million. Lookonchain also noted that both whales transferred all the withdrawn ETH to staking accounts. Following Lookonchain’s observation, a respondent to the post on X (formerly Twitter), Crypto Vikings, suspected…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/crypto-whales-have-begun-accumulating-and-staking-eth-tokens/">Crypto Whales Have Begun Accumulating and Staking ETH Tokens</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Crypto Whales Have Begun Accumulating and Staking ETH Tokens

Coin Edition

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