103,124 ETH Deposited to Exchanges in Just 10 Minutes

avatar
(Edited)


image.png

In recent analytics data, a huge sum of Ethereum roughly around 103,124k ETH ($410 million) was sent to different crypto exchanges in less than 10 minutes.

In accordance with Glass node charts on may 12, it shows that a whooping 103,124k ETH was sent to crypto exchanges in barely ten minutes.

An Ethereum chart provided by Glassnode on May 12 demonstrates that a mind-blowing batch of 103,124 ETH was recently sent to crypto exchanges in only a ten-minute period. Amidst these exchanges, the OKEx crypto exchange was part of it.

Right after this happened, the value of Ethereum dropped drastically to $3,900 level, in accordance with coin market cap data.

"$410 million in ETH moved to crypto exchanges."

Reference: Source 1



0
0
0.000
5 comments
avatar

Congratulations @ernesto25! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You received more than 700 upvotes.
Your next target is to reach 800 upvotes.
You got more than 10 replies.
Your next target is to reach 50 replies.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

Hive Tour Update - Decentralized blacklists and Mutes lists
Support the HiveBuzz project. Vote for our proposal!
0
0
0.000
avatar

This is interesting.
It's a huge sum of money, something is cooking in the background ?
Any news on who was behind this ?

0
0
0.000