Breaking: Singapore’s Largest Bank DBS have purchased over $650 Million of $ETH
Nansen, a blockchain analytics firm, is strongly convinced that one Ethereum addressing controlling a whopping 173,700 ETH worth over $650 million at spot rates belongs to the DBS Bank, the largest bank in Singapore.
Is The DBS Bank One Of The Largest Ethereum Whales?
Taking to X, the blockchain analytics platform picked out an address “0x9e927…fb8e” as that belonging to the financial institution, sparking interest and excitement. Looking at Etherscan, the address is one of the largest, placing it among the top 40 largest holders of the world’s second most valuable cryptocurrency.
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