Pantera Capital Deposits 5,264 ETH Worth $15.37M on Coinbase

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Pantera Capital deposited 5,264 ETH worth $15.37 million on Coinbase, per on-chain data shared by Ai Yee. The transaction took place at an average price of $2,919.7. This marks the first on-chain activity from the addresses in three months. The move is being tracked closely by on-chain analysts for potential market implications.

Derived from Bijiie, a well-known venture capital firm, Pantera Capital, deposited 5,264 ETH valued at approximately $15.37 million on Coinbase, according to a tweet by Ai Yee. The deposit occurred at an average price of $2,919.7 and marks the first on-chain activity from the addresses in three months.

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