- $32 million worth of ETH was recently moved off the Binance exchange.
- Whale transactions picked up as the Supply on Exchange fell.
Based on a recent analysis, an Ethereum [ETH] whale has transferred a substantial amount of ETH away from an exchange. In light of this recent transaction, what is the status of the supply of ETH held on exchanges?
Read Ethereum’s [ETH] Price Prediction 2023-24
Ethereum whale continues withdrawal
A recent analysis by Lookonchain revealed that an Ethereum whale has been actively moving ETH out of the Binance exchange. According to data from Etherscan, this whale withdrew 8,968 ETH on 4 November and an additional 8,618 ETH on 5 November.
This smart whale withdrew another 8,618 $ETH ($16M) from #Binance 4 hours ago.
The whale deposited 31.8M $USDT to #Binance and withdrew 17,316
Go to Source to See Full Article
Author: Adewale OlarindeDid you like this?
Tip BTC Newswire with CryptocurrencyDonate Bitcoin to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some bitcoin:Donate Bitcoin Cash to BTC Newswire
Scan the QR code or copy the address below into your wallet to send bitcoin:Donate Ethereum to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Ether:Donate Litecoin to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Litecoin:Donate Monero to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Monero:Donate ZCash to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some ZCash:
