ChainCatcher Latest News: The blockchain data monitoring platform Lookonchain reports that Nexo has deposited 7,495 Ethereum (ETH) worth approximately $25 million to Binance within an hour. This move brings the total amount of ETH deposited by Nexo to Binance to 101,756, with a market value of about $380 million and an average price of $3,737.

This data has sparked market interest in Nexo's investment strategy. First, the large deposit of ETH may indicate an increase in market liquidity demand by Nexo. Second, the average price calculation provides a reference point for investors to help assess Nexo's market operation strategy. Finally, this trend may have a potential impact on the market price and market capitalization ranking of ETH.