Whale Addresses Offload ETH, Depositing Over $68M to Binance and OKX

According to PANews on August 6th, Lookonchain monitoring reveals whale addresses 0xc156 and 0x46DB dumping significant amounts of ETH, with deposits of 13,459 ETH to Binance and 5,504 ETH to OKX.

ETH

Summary

PANews on August 6th reported that Lookonchain monitoring detected two whale addresses dumping large amounts of ETH, with address 0xc156 depositing 13,459 ETH (approximately $49M) to Binance and address 0x46DB depositing 5,504 ETH (approximately $19.8M) to OKX.

Terms & Concepts
  • ETH: The native cryptocurrency token of the Ethereum blockchain.
  • Whale addresses: Crypto addresses holding large amounts of assets, potentially influencing market prices.
  • Binance: A leading global cryptocurrency exchange platform.