🎉🎉Corporate Whale Cashed Out Ethereum for the Second Time This Week: Reached 270 Million! 🎉🎉
A whale alleged to be affiliated with Nexo has attracted market attention by depositing a total of $270.6 million worth of Ethereum to Binance in the last week.
According to data provided by blockchain analysis platform Lookonchain, a cryptocurrency whale affiliated with Nexo recently unstaking 18,000 Ethereum (ETH), or $70.8 million worth of assets, and transferred them to Binance.
It was determined that the whale deposited a total of 72,419 ETH ($270.6 million) to Binance since December 2. In addition, it is stated that he still has 42,108 ETH ($165 million) in his wallet.
Such large transactions are closely monitored by market participants. Large Ethereum transfers often arouse curiosity among investors as they can lead to price fluctuations. Experts continue to analyze the potential impacts of these transfers and the possible reasons behind them.
In addition, another transaction of 15,650 ETH made by Nexo to Binance 3 days ago was also on the agenda.
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