List of Flash News about ETHFI price volatility
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2025-05-19 13:51 |
ETHFI Whale Moves: $6.2M Transferred to Binance by Core Contributors Wallet – Trading Implications Analyzed
According to The Data Nerd (@OnchainDataNerd), a wallet possibly linked to ETHFI's market maker deposited 5 million ETHFI tokens (valued at approximately $6.2 million) to Binance one hour ago, following a transfer from a wallet labeled 'Core Contributors.' The 'Core Contributors' wallet still holds 9.507 million ETHFI, valued at around $11.79 million (Source: The Data Nerd, May 19, 2025). This large deposit to Binance could indicate potential increased sell pressure or liquidity events for ETHFI, which are critical factors for traders to monitor in the short term. Such sizable token movements from core contributor addresses often precede price volatility and may impact ETHFI's price action and trading volume on Binance and other exchanges. |