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Token ETH

Jul 05, 2024

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SOC Team

Four whales deposited 34,239 ETH ($98.8M) to Binance

Outflow

Total tokens transferred

Token ETH

34.239K

ETH

Four whales (probably one giant whale) deposited 34,239 ETH ($98.8M) to Binance for sales to repay debt in the past 5 hours:

 

Notably:

  • After the ETH price dropped by over 10% in the past 24 hours, many whales are now facing the liquidation of their ETH deposited in Compound and Aave.
  • The above four whales all deposited their ETH tokens to Binance via the same Binance deposit address, and thus, likely belong to one giant whale.

 

Fig 1. Four whales (probably one giant whale) deposited 34,239 ETH ($98.8M) to Binance in the past 5 hours.

 

Fig 2. The four whales deposited ETH to Binance via the same deposit address.

#eth
#ethereum
#deposit
#binance
#liquidation
#dump

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