A large Ethereum holder has transferred 70,739 ETH worth about $174 million to multiple exchanges over the past two days after receiving a total of 167,855 ETH valued at roughly $408 million from several wallets.
The wallet still holds 97,115 ETH, worth about $237 million, indicating that a substantial portion of the transferred funds has not yet been deposited. The activity points to ongoing large-scale exchange inflows from a single whale address.
Ethereum Whale Moves 70,739 ETH to Exchanges in Two Days
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