Data: A major whale transfers 20,461 ETH to a CEX, worth $45.67 million
According to ChainCatcher, monitoring by @ai_9684xtpa shows that a whale deposited all 20,461 ETH redeemed from StakeStone and Blast over the past five months into a centralized exchange (CEX) two hours ago. At current prices, the total value is approximately $45.67 million, suggesting a possible liquidation.
Of these, 9,117 ETH were accumulated by this address between August 2023 and February 2024 at an average price of $2,003. If sold, the estimated profit would be around $2.087 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin (BTC) Tanks Toward $80K, Ripple (XRP) Loses Key Support: Weekend Watch

WLD Price Prediction: Worldcoin Eyes $12 as Cloudflare Partnership Advances

Last week, retail investors made a "record-breaking" dip buy of US chip leveraged ETFs, but this week they plummeted.
Last week, retail investors poured $6.1 billion into 3x leveraged chip ETFs, but suffered a 20.5% single-day plunge this Thursday, almost perfectly coinciding with the start of the rapid downturn. The cumulative decline in October has exceeded 43%, far surpassing the 15.9% loss of non-leveraged products during the same period. The root cause lies in the market’s skepticism toward AI investment returns. The most significant uncertainty is whether aggressive spending by tech giants will actually deliver on profit expectations, while the use of leverage has exponentially magnified the cost of this misjudgment.

Africa’s payment giant backed by SoftBank is rushing to list in the US! Opay (OPAY.US) plans to raise $336 million, with its valuation possibly exceeding $4 billion
The payment platform Opay Ltd., which focuses on the Nigerian market, plans to raise up to 336 million dollars through an initial public offering (IPO).
