List of Flash News about ETHFI price impact
Time | Details |
---|---|
13:25 |
EtherFi Team Moves 5 Million ETHFI Tokens Worth $6.2M to Binance: Potential Market Impact and Trading Insights
According to @EmberCN, an address linked to the EtherFi team transferred 5 million ETHFI tokens, valued at $6.2 million, to Binance just 20 minutes ago. This wallet had previously received 14.5 million ETHFI tokens unlocked from the EtherFi team allocation contract in February (source: @EmberCN via Twitter, intel.arkm.com). Large transfers to exchanges like Binance often signal potential increased sell pressure, which may impact ETHFI token price in the short term. Traders should closely monitor ETHFI order books and on-chain flows for further movement, as sizable deposits from team addresses can affect market sentiment and volatility. |