Dec 06, 2023
SOC Team
Three large institutions moved ETH out
Outflow
Related addresses
Total tokens transferred
19.822K
ETH
The ETH price reached its one-year high at $2,310 today!
We noticed that three large institutions, including Galaxy Digital, Celsius, and FTX, all moved out a total of 19,822 ETH ($45.2M) to exchanges in the past 24 hours:
1. Galaxy Digital deposited 9,179 ETH ($20.9M) to Binance at an average price of $2,278:
- transaction 1: 0x4dee03756817398123f180862d2da1270afb5374cec3de0e28da6939fd31bd9b
- transaction 2: 0x5d076db36274e6d5f6232d720c858c4000d1c165681e677037aca0a0c7d5772e
- transaction 3: 0x9ce6223c5fc3d01cd27129ae3a0ea320c89e06f5a5d0b191d6159067aabebc94
- address: 0x15abb66bA754F05cBC0165A64A11cDed1543dE48
Currently, the address still holds 10,038 ETH ($22.8M).
Fig 1. Galaxy Digital deposited 9,179 ETH ($20.9M) to Binance just now.
2. Celsius Network moved 7,500 ETH ($17.05M) to address 0xc45 at $2,273, which may soon be deposited to Coinbase.
- transaction: 0x5cfeb22196cd32753ae25ef91e79b37e3d41f5ae86e1a23f7b6622abe8406ac5
- Celsius Network's address: 0xf87143bb93b44a45fe886e1e09a581712f917665
- middle address: 0xc450c1a45843b8d91f1493a8253296d778a0d80f
- This address belongs to the entity Celsius Network: Treasury
In total, Celsius Network has moved out 44,769 ETH ($94.7M) since November 14, of which 37,269 ETH have been deposited to Coinbase, FalconX, and OKX at an average price of $2,084 ($77.6M).
- read more about Celsius Network moving ETH here
Fig 2. Celsius Network will likely deposit 7,500 ETH ($17.05M) to Coinbase soon.
3. FTX deposited 3,143 ETH ($7.21M) to Coinbase at $2,294:
- transaction: 0x927259e09a796e91839b9e8a2ee4398593e0f39d1ca228f0b780cc9c4f1ef92c
- address 1: 0xe391a82e10903328b21c537a62bb3606629e286f
- address 2: 0xc31ffd095d02223e1c06cad66bddb64b35f15be2
- middle address: 0xcef8b4c5351b54235ef25abfe528575922de4003
In total, FTX and Alameda Research addresses have deposited 573M worth of 68 tokens to exchanges since October 24, 2023, among which were 28,427 ETH ($54.3M).
- check out the complete list of assets transferred out by FTX and Alameda Research here
Fig 3. The top 10 assets transferred out by FTX and Alameda Research since October 24.