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Whale Moves 5000 ETH to Binance Amid Market Volatility | Flash News Detail | Blockchain.News
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8/28/2024 1:26:11 AM

Whale Moves 5000 ETH to Binance Amid Market Volatility

Whale Moves 5000 ETH to Binance Amid Market Volatility

According to @ai_9684xtpa, whale vladilena.eth redeemed Pendle's December 26th maturing weETH PT and YT early, converting them into 5000 ETH valued at $12.24 million. The ETH was then deposited into Binance, likely for selling. Earlier today, ETH briefly dropped below $2400 but has since rebounded above $2400, with a 24-hour decline of 9.29%. This move could indicate a lack of confidence in the market as ETH experiences significant volatility.

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Ai 姨

@ai_9684xtpa

Ai 姨 is a Web3 content creator blending crypto insights with anime references