šŸ‹ Whale Alert! Major ETH Movement by 0xed0 (Possibly Abraxas Capital) šŸš€

Whale 0xed0 (likely Abraxas Capital) has just deposited 42,000 ETH ($34.78M) to Bitfinex at an average price of $3,485 in the past 12 hours:

Transaction 1: 0xdbfbebf4658ba908f7b709e00ba91e3853cf283e398b3897f4cc47f07388fa54

Transaction 2: 0x0928bf1b444bad74b2fd1fb0ccf69dcdbe8d7c339976ed897e7ef08f1bbdfa6a

Address: 0xed0c6079229e2d407672a117c22b62064f4a4312

Recent Activity Highlights šŸ“ˆ

Recent Withdrawals: The whale withdrew 60,000 ETH from Bitfinex at an average price of $3,387 (totaling $203M) just 17 to 25 hours ago. The ETH price surged nearly 4% following these withdrawals.

Current Holdings & Strategy šŸ“Š

Lending/Farming: The whale has 32,156 ETH ($112M) supplied to three lending/farming platforms: Spark, GearBox, and Stargate.

Profit: Despite the recent activities, the whale has a small estimated total profit of $4.53M (+1.24%) from ETH.

Market Impact šŸŒ

The whale's activities have caused significant movements in ETH price. Stay tuned for more updates and market reactions!

šŸ”— Keep watching for the latest developments!