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Whale Withdraws 40M USDC from Binance for ETH Purchases on DEXes | Flash News Detail | Blockchain.News
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9/3/2024 10:05:15 AM

Whale Withdraws 40M USDC from Binance for ETH Purchases on DEXes

Whale Withdraws 40M USDC from Binance for ETH Purchases on DEXes

According to @0xScopescan, a whale has withdrawn 40 million USDC from Binance over the past month and used the funds to purchase ETH on decentralized exchanges (DEXes). This significant movement of funds suggests a strategic investment in Ethereum, potentially indicating bullish sentiment towards ETH. Traders should monitor the impact on ETH prices and liquidity on DEXes.

Source

Scopescan

@0xScopescan

Scopescan (The mightiest tool you need to discover on-chain insights)