Positive news from the Ripple case increases risk appetite for altcoins, while whales Ethereum mobility is taking place.
Attracted 17K Ethereum in a Short Time
According to Lookonchain data, cryptocurrency trading company Cumberland pulled $58.6 million USDC from Circle after the XRP news and deposited them in Binance.
The company soon pulled 17,000 Ethereum ($34 million) from Binance and Coinbase.
Smart Whale Gets Ethereum Again
Following the Ripple news, another smart whale used $9.7 million DAI, averaging $4833 in 2004. ETH he bought.
The smart whale’s previous trades often show that it’s making a move in the right place.
According to the findings of Lookonchain, the same whale was 7500 during the rally in January. ETH He sold it and bought 9691 ETH when the USDC spike was experienced. same whale ETH It sold 5190 ETH on June 7 before the price dropped. It was noteworthy that the smart whale made its purchases and sales at ideal points.
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