Crypto whales are currently on the move as one large entity with nearly half a billion dollars worth of Ethereum (ETH) was spotted withdrawing coins from crypto exchanges.
First seen by blockchain tracking firm Lookonchain, an address beginning with “0x4359” was spotted taking their ETH out of Binance and decentralized exchanges (DEXes).
Lookonchain says the whale has accumulated about $405.19 million worth of ETH in less than two weeks.
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“This giant whale withdrew 10,119 ETH ($31.85 million) from Binance…
He has bought 127,388 ETH ($405.19 million) from DEX and Binance since Apr 8th, with an average buying price of ~$3,172.”
Source: Lookonchain/X
On the same day, another unknown entity was spotted by whale tracking service Whale Alert sending 14,408 ETH worth over $45.745 million to
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