Crypto whales withdrew a huge amount of ETH from Binance for staking
According to Lookonchain, crypto whales have begun to accumulate and send the native asset of the Ethereum blockchain for staking, ETH. The tracking service tracked the activity of two crypto whales, which removed a significant amount of ether from the Binance exchange. According to Lookonchain, one whale transferred 4288 ETH for the amount of $7.2 million, another - 9530 ETH for the amount of $16 million, and in both cases the funds went to staking accounts. This led community members to think about the successful launch of Ethereum futures ETFs.
It is quite possible that these ETH movements are also associated with the increase in the price of the altcoin, supported by the rise in the Bitcoin exchange rate. After a rebound from the local minimum of $156, on September 25, the price of ether rose to $1728, breaking through strong resistance at $1670. If ETH rises above the $1,750 level, we could see a rally to $1,800 and possibly even higher given the bullish sentiment throughout the cryptocurrency market
#BTC #ETH #BNB #Matic #lrconft
$ETH
According to Lookonchain, crypto whales have begun to accumulate and send the native asset of the Ethereum blockchain for staking, ETH. The tracking service tracked the activity of two crypto whales, which removed a significant amount of ether from the Binance exchange. According to Lookonchain, one whale transferred 4288 ETH for the amount of $7.2 million, another - 9530 ETH for the amount of $16 million, and in both cases the funds went to staking accounts. This led community members to think about the successful launch of Ethereum futures ETFs.
It is quite possible that these ETH movements are also associated with the increase in the price of the altcoin, supported by the rise in the Bitcoin exchange rate. After a rebound from the local minimum of $156, on September 25, the price of ether rose to $1728, breaking through strong resistance at $1670. If ETH rises above the $1,750 level, we could see a rally to $1,800 and possibly even higher given the bullish sentiment throughout the cryptocurrency market
#BTC #ETH #BNB #Matic #lrconft
$ETH
