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.
