Ethereum

Giant

Spot

<p>In the nine days leading up to the highly anticipated Ethereum ETF launch tomorrow, two major whale investors have deposited a total of 25,865 ETH, valued at approximately $89 million, to centralized <a href="https://blockchainreporter.net/exchanges/">exchanges </a>(CEX).</p> 
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   <p lang="en" dir="ltr">In the 9 days ahead of tomorrow's <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Ethereum</a> ETF launch, two giant whales deposited 25,865 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$ETH</a> ($89M) to CEX!<br><br>1️⃣ Whale 0xbec moved 11,965 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$ETH</a> to <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Binance</a> at ~$3,457 ($41.4M) in the past 5 days.<br><br>• Last action: 12hrs ago<br>• Holding: 51,462 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$ETH</a> (~$180M)<br>• Est. profit: $29.9M… <a href="https://t.co/q4Cs8LhkX6" target="_blank">pic.twitter.com/q4Cs8LhkX6</a></p>— Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1815268661223199077?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">July 22, 2024</a>
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<p>Whale 0xbec has <a href="https://x.com/spotonchain/status/1815268661223199077" target="_blank">transferred </a>11,965 ETH to Binance at an average price of $3,457 per *ETH*, amounting to $41.4 million. This whale’s last transaction was recorded 12 hours ago. Currently, whale 0xbec holds 51,462 ETH, worth around $180 million, with an estimated profit of $29.9 million, reflecting a 14.7% gain.</p> 
<h2 class="wp-block-heading" id="multisign-0x7d6-s-movements">Multisign 0x7d6’s Movements</h2> 
<p>Simultaneously, Multisign 0x7d6 has moved 13,900 ETH to OKX, at an average price of $3,427 per ETH, totaling $47.6 million over the past nine days. The most recent activity from this wallet was 11 hours ago. Multisign 0x7d6 maintains holdings of 188,070 ETH, valued at $657 million, across two wallets.</p> 
<p>The strategic movements of these significant sums into exchanges indicate potential preparations for significant trading activities as the Ethereum ETF launch approaches, a development eagerly awaited by the cryptocurrency market.</p>

Two Giant Whales Deposit 25,865 $ETH Worth $89M Ahead of Ethereum ETF Launch

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