🔥 🔥 🔥 DBS BANK SINGAPORE OWNS ETHEREUM WALLET WORTH 647 MILLION USD!!!

⏩ On the afternoon of April 30, 2024, on-chain analysis platform Nansen revealed the identity of a "huge" Ethereum wallet address.

⏩ Specifically, wallet address 0x9e927c02c9eadae63f5efb0dd818943c7262fb8e is holding 173,753 ETH, worth 647 million USD at the time of writing. Nansen also said the wallet has made a profit of up to $200 million - nearly 30% of the wallet's value - just through holding Ether.

⏩ The most notable thing is the owner of this wallet: Singapore's largest bank, DBS. DBS Bank has long been actively involved in the cryptocurrency space, offering a range of services from custody and trading to portfolio management applications.

⏩ This information not only caused a stir in the cryptocurrency community but also showed the strong participation of traditional financial institutions in the cryptocurrency market.

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#eth‬ #Nansen