🚨🚨🚨🐋Huge $ETH Whale Moves🚨🚨🚨
Last 5 Hours
Coinbase Institutional, the prime brokerage arm of the largest US crypto exchange, recently made several significant Ethereum (ETH) transfers. Here are the details:
1. **6,620 ETH (21,941,182 USD)** was transferred from Coinbase Institutional to an unknown wallet¹.
2. **12,927 ETH (42,804,920 USD)** moved from an unknown wallet to Coinbase Institutional¹.
3. A substantial amount of **1,699 BTC (104,454,840 USD)** was transferred from an unknown wallet to another unknown wallet¹.
4. An additional **1,795 BTC (109,818,591 USD)** was moved from an unknown wallet to another unknown wallet¹.
5. **1,087,988,359,122 SHIB (18,369,595 USD)** was transferred from an unknown wallet to Binance¹.
6. Lastly, **13,580 ETH (45,019,981 USD)** was sent from an unknown wallet to Coinbase¹.
These transactions have sparked speculation about the potential impact of upcoming decisions by the Securities and Exchange Commission (SEC) regarding Ethereum-based exchange-traded funds (ETFs). Institutional investors may be positioning themselves to capitalize on the potential approval of Ethereum ETFs, which would provide mainstream investors with a new way to gain exposure to the second-largest cryptocurrency. The SEC is set to approve or deny the VanEck Ethereum ETF (VETH) and the ARK Invest Ethereum ETF (AETH) soon¹. Stay tuned for further developments! 😊
