In the nine days leading up to the highly anticipated Ethereum ETF launch tomorrow, two major whale investors have deposited a total of 25,865 ETH, valued at approximately $89 million, to centralized exchanges (CEX).
Whale 0xbec has transferred 11,965 ETH to Binance at an average price of $3,457 per [ccpw id=60480], amounting to $41.4 million. This whale’s last transaction was recorded 12 hours ago. Currently, whale 0xbec holds 51,462 ETH, worth around $180 million, with an estimated profit of $29.9 million, reflecting a 14.7% gain.
Multisign 0x7d6’s Movements
Simultaneously, Multisign 0x7d6 has moved 13,900 ETH to OKX, at an average price of $3,427 per ETH, totaling $47.6 million over the past nine days. The most recent activity from this wallet was 11 hours ago. Multisign 0x7d6 maintains holdings of 188,070 ETH, valued at $657 million, across two wallets.
The strategic movements of these significant sums into exchanges indicate potential preparations for significant trading activities as the Ethereum ETF launch approaches, a development eagerly awaited by the cryptocurrency market.
