Whales Move Millions From This Altcoin: What’s Going On!

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One Ethereum The (ETH) whale suddenly moved hundreds of millions of dollars worth of ETH as the smart contract platform dropped below $2,000.

Data from whale watching platform Whale Alert according tothe deep-pocketed investor transferred around 150,000 ETH worth more than $313 million during the transaction.

According to Etherscan, the Ethereum whale paid a fee of around 0.000945 ETH, or $1.84, to process the multi-million dollar transaction.

Whale ETH from unknown wallet crypto- moved the exchange to Coinbase.

According to Etherscan, the receiving wallet made a series of transactions after the transfer and only has a balance of around 2,744 ETH. Only 0.000986 ETH remained in the sending wallet.

Other notable Ethereum transfers made by high net worth traders on Whale Alert’s radar are as follows.

17,213 ETH worth $33.64 million was transferred to Coinbase from an unknown wallet.

$33.53 million worth 16,881 ETH was transferred to Coinbase from an unknown wallet.

25,000 ETH worth $49.88 million transferred from crypto exchange Bistamp to an unknown wallet.

29,997 ETH worth $62.16 million was transferred from crypto exchange Bithumb to an unknown wallet.

Ethereum underwent an ecosystem upgrade known as “Shapella” on April 12, which refers to simultaneous improvements made to both the project’s execution layer Shanghai and the project’s consensus layer Capella. The upgrade also allows validators to withdraw their deposited ETH.

As we reported as Koinfinans.com, Ethereum is trading at $ 1,946 at the time of writing.


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