- Lookonchain tweeted earlier today that a whale dumped 16,751 ETH on Binance in the past 24 hours.
- ETH’s price stood at $1,851.09 after it dropped 1.04% during the last day of trading.
- Technicals suggested that ETH may drop below $1,840 in the next couple of days.
In the past few hours, a whale dumped 16,751 Ethereum (ETH), worth around $30.8M, following the latest market crash. According to a tweet by Lookonchain earlier today, the whale had sent the ETH tokens to Binance and exchanged the tokens for Tether (USDT). Shortly thereafter, the whale withdrew the entire 30.8 million USDT.
A whale dumped 16,751 $ETH ($30.8M) after the market crashed.The whale deposited 16,751 $ETH to #Binance and withdrew 30.8M $USDT, the selling price is ~$1,840.
Then deposited 30.8M $USDT to #Aave and #Compound through 2 addresses. https://t.co/wZQSXCvIA0 pic.twitter.com/O0FP3Egiy7
— Lookonchain (@lookonchain) July 25, 2023
This whale’s activity took place at a time that saw the total cryptocurrency market cap drop 1.84% throughout the past 24 hours, according to CoinMarketCap. This brought the total down to approximately $1.17 trillion at press time.
Meanwhile, ETH’s …
The post ETH Worth $30.8m Dumped on Binance by a Whale in the Past 24H appeared first on Coin Edition.
The post ETH Worth $30.8m Dumped on Binance by a Whale in the Past 24H appeared first on Coin Edition.