Odaily Planet Daily reports, according to Onchain Lens monitoring, a large whale purchased 50,000 ETH yesterday from a wallet associated with Fidelity, worth approximately $95.73 million; three hours ago, the whale transferred 36,530 ETH to a new address, valued at approximately $69.94 million. Based on the whale’s previous trading patterns, these funds may subsequently be transferred to Coinbase for sale.
Whale buys 50,000 ETH from a Fidelity-linked wallet worth $95.73M
KuCoinFlashShare
Summary
A whale recently purchased 50,000 ETH from a Fidelity-linked wallet, valued at $95.73 million. Three hours later, 36,530 ETH was transferred to a new address, worth $69.94 million. Based on past ETH trends, the funds may be headed to Coinbase for sale. This ETH movement reflects continued large-scale activity in the market.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.