Significant Ethereum (ETH) Balance Moved to Binance to Await Action

Several large tranches of Ethereum (ETH) have gone into a known Binance wallet from previously unknown addresses. The transfers are yet to make significant whale moves, and the intention behind the transfers is unknown.

https://twitter.com/whalewatchio/status/1062051580042715136

Binance is one of the best-visited exchanges, and it sees significant activity given the ability to use the large ETH balance to move various assets.

The amount of ETH transferred surpasses the 24-hour ETH volume on Binance, suggesting the transactions could have a significant effect on volatili…

This article appeared first on Cryptovest

Like this: Like Loading...