Thousands of Ethereum have Been Transferred! The Giant Stock Market Is Involved!

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Crypto tracking bot Whale Alertaccording to the latest analytical data from Binance worth a total of $1,910.07 billion by Ethereum (ETH) the transfer was detected.

$1.9 Billion of Ethereum Has Been Transferred

Monitoring large transfer transactions of various cryptocurrencies Whale Alert’according to e, whales and the popular cryptocurrency exchange Binance by a large amount Ethereum the transfer took place.

A total of 460,792 in the transfer that took place ETH she moved. The total value of the transfer is equivalent to $ 1,910,074,998 as of the time the content was prepared.

Some of these transfers were carried out by whales, while others were carried out by crypto exchanges. Binance, the world’s largest cryptocurrency exchange, has a total of 44,500 Ethereum he transferred it.

In the largest transfer that took place, 146,169 Ethereum was moved from an unknown wallet to another unknown wallet. The total value of this transfer is equivalent to $579,638,839 in nominal currency.

ETH whales Have Been Accumulating Ethereum for 2 Months

Data analytics company Santi according to the data shared by the top Ethereum addresses since the end of summer ETH he’s saving up. So much so that these ETH whales added 13.9 percent of the circulating ETH supply to their portfolio.

The mentioned wallets have a total of 1 million to 10 million Ethereum he’s been known to keep it.

On the other hand, the ratio of Ethereum whales that store their assets in cold wallets to whales that trade has increased to 5:1. Compared to the 4,6 million ETH owned by whales and held in centralized exchange wallets, the top-level cold wallets now have 22,91 million Ethereum.

The Target is $5,000 on Ethereum

Bloomberg’s chief commodity strategist Mike McGlone, he recently shared his views on Twitter on why Ethereum, the second largest crypto currency, could reach $ 5,000.

Bloomberg’s expert, Vitalik Buterin he tweeted that the blockchain co-founded by him has become the main tool for the digitalization of finance and money. Therefore, this is the solid foundation that will push the Ethereum price even higher.

McGlone also mentioned Bitcoin and reminded the audience that its supply has fallen and its demand has increased, which is a sign of the explosive growth that Bitcoin is likely to see.

McGlone, on the other hand, in earlier tweets this year, said that by the end of 2021 Bitcoinhe noted that it can reach $ 100,000.

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