ETH Whale, ETH 1665 exchange transfers
Purchased at 'average price' of approximately $2,055 in December 23
Foreign press “movement to recognize the launch of the ETF market”
);)
According to data released by the on-chain analysis platform The Datanerd, the Ethereum whale wallet transferred the Ethereum purchased eight months ago to Binance on the 17th. The wallet purchased Ethereum in December 2023 at an average purchase price of about $2,055, and the Ethereum is currently earning a return of about 40%.
Regarding the fact that the Ethereum whale wallet made a large-scale transfer to the Ethereum exchange, interpretations were raised both inside and outside the market that the Ethereum whale was preparing to realize profits. This is because various circumstances surrounding the current Ethereum spot ETF predict the launch of the Ethereum spot ETF market next week and a resulting increase in the price of Ethereum.
The U.S. Securities and Exchange Commission (SEC) has made it a condition of launching the ETF market that Ethereum spot ETF applicants clearly specify ETF fees. On the 17th (local time), applicants submitted revised documents announcing ETF fees to the SEC.
CryptoNews Jet, a media outlet specializing in digital assets (cryptocurrency), explained on the 18th, "The large-scale transfer of Ethereum whale wallets appears to be a move in recognition of the expected price rise after ETF approval."
Ethereum is recording $3,421 as of 10 a.m. on the 18th according to CoinMarketCap.
Reporter Seungwon Kwon ksw@
