TechFlow news, according to Ember monitoring, a whale/institution has purchased 19,020 ETH worth approximately $46.14 million at an average price of around $2,426 over the past two days via Bitfinex and Binance.
This whale/institution withdrew USDT from Bitfinex through multiple addresses in February 2021, and 18 days ago transferred 80.24 million USDT across 8 new addresses. In the last two days, it moved 50.14 million USDT via five addresses into Bitfinex and Binance, subsequently withdrawing 19,020 ETH (worth ~$46.14 million) at an average purchase price of about $2,426.
The remaining 30.09 million USDT in three other addresses has not yet been moved (currently held in Aave), but is expected to be transferred to centralized exchanges soon to purchase ETH within the coming days.
