An ETH reserve institution's address hoarded 15,846 ETH 7 hours ago, worth $55.34 million

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On August 4th, according to EmberCN monitoring, an address belonging to an ETH reserve institution continued to accumulate 15,846 ETH ($55.34 million) and deposited it into staking 7 hours ago.

The address has accumulated a total of 41,452 ETH since August 1st, valued at $148 million, with an average price of approximately $3,575. After receiving ETH, it was entirely deposited into the PoS network staking through Figment, with behavior similar to SharpLink Gaming. The address may belong to SharpLink, pending confirmation in their next reserve announcement.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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