Coin Edition -
- Large ETH transfers follow the SEC closing its Ethereum 2.0 investigation.
- The Ethereum staking contract sees an inflow of funds after regulatory clarity.
- ETH price increases by 5%, reflecting positive market sentiment.
Massive Ethereum (ETH) transfers to and from centralized exchanges have followed a crucial regulatory development, stirring excitement within the crypto community.
Whale Alert, a blockchain tracking platform, highlighted these transactions in several posts on X (formerly Twitter). One report detailed the transfer of 16,000 ETH, valued at over $56.86 million, from the Binance exchange to the Binance Beacon Deposit address at 06:31 UTC today.