CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
CoinOtag 2024-07-16 19:22:04

Whale Moves 12,000 ETH to Kraken Amid Anticipation of Ethereum ETF Approval

Today, an anonymous large investor moved 12,000 ETH, valued at approximately $40 million, to the leading exchange Kraken. Arkham Intelligence data reveals that this substantial transaction traces back to the address “0x370,” linked to multiple addresses, including Kraken’s hot wallet. “Large deposits into exchanges are typically viewed as bearish signals,” says a noted blockchain analyst,

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.