SmartWhale transferred USDT to the exchange, accumulating large volumes of ETH.

5 hours ago, SmartWhale withdrew to wallet 2,388 $ETH ($8.5M) from Binance

Previously, SmartWhale had moved to Binance 19M $USDT.

Perhaps the above $USDT was partly used to buy $ETH when the price corrected yesterday.

In the past, this wallet address began to accumulate a lot of $ETH in the price range of $1k9-$2k2, this is also the price range where Wall Street big guys started buying OTC on Coinbase Prime.

With this continuous accumulation SmartWhale is holding up to 20,548 $ETH ($73M), currently continuing to accumulate more shows that it is quite bullish.

After the successful Dencun Upgrade, Rumor ETH ETF will be the catalyst to help $ETH grow strongly in the near future.

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