Ethereum

2024

Coin

<ul class="news-points">
 <li>A whale withdrew $28.75M in Ethereum ecosystem tokens from Binance, highlighting strategic accumulation in the crypto market.</li>
 <li>Key holdings include 173,705 UNI ($2M), 18,566 AAVE ($2.02M), 4.04M LDO ($9.3M), and 82,041 ENS ($2M), showcasing diversified investments.</li>
 <li>Michael Saylor views SEC’s approval of spot Ether ETFs as a boost for institutional adoption and Bitcoin’s legitimacy in the crypto market.</li>
</ul>
Lookonchain, an on-chain platform, reported a significant movement in the cryptocurrency market. Over the past three days, a whale or institution withdrew $28.75 million in <a href="https://coinedition.com/will-btc-eth-price-boom-come-to-an-end-price-analysis/" rel="noopener noreferrer nofollow">Ethereum</a> ecosystem tokens from Binance. This entity amassed a substantial portfolio, including 173,705 UNI ($2M) and 18,566 AAVE ($2.02M).
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 This whale/institution withdrew 173,705 <a href="https://twitter.com/search?q=%24UNI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$UNI</a>($2M) and 18,566 <a href="https://twitter.com/search?q=%24AAVE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$AAVE</a>($2.02M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> again. He has bought a total of $28.75M Ethereum ecosystem tokens from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> in the past 3 days, including: 4.04M <a href="https://twitter.com/search?q=%24LDO&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$LDO</a>($9.3M); 858,069 <a href="https://twitter.com/search?q=%24UNI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$UNI</a>($8.7M); 71,190 <a href="https://twitter.com/search?q=%24AAVE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$AAVE</a>($7.4M); 82,041 <a href="https://twitter.com/search?q=%24ENS&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ENS</a>($2M);… <a href="https://t.co/GivqZKoLrQ" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/GivqZKoLrQ</a>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1794774286445789505?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 26, 2024</a>
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The whale’s purchases highlight a considerable investment in Ethereum-related tokens. In addition to these tra…
The post <a href="https://coinedition.com/whale-withdraws-28-75m-in-ethereum-ecosystem-tokens-from-binance/" rel="noopener noreferrer nofollow">Whale Withdraws $28.75M in Ethereum Ecosystem Tokens from Binance</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Whale Withdraws $28.75M in Ethereum Ecosystem Tokens from Binance

Coin Edition

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