Today, the Ether.fi team made a significant deposit to Binance According to Lookonchain, a wallet linked to the Ether.fi team transferred a whopping 880,000 $ETHFI tokens, worth around $1.87 million, to Binance just 30 minutes ago.
To put this into perspective, this wallet had received 10 million ETHFI tokens, valued at approximately $65.2 million, from the Ether.fi team wallet three months ago.
The address involved in this transfer is 0x57CC1CAE9E9567EBDBc9537536916273A2015491.
Despite this large transfer, the wallet still holds a substantial amount of ETHFI tokens. At the time of writing, the ETHFI token is trading at $2.10, showing a 3.15% drop in the last 24 hours. The token's market cap stands at $241 million.
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