SharpLink Gaming-Related Address Withdraws $72.7M in ETH Amid Whale Purchase

PANews and Lookonchain monitoring reveal that two whale addresses made significant ETH moves today, with one withdrawing 17,655 ETH valued at $72.7M and the other buying 8,109 ETH using USDT.

ETH

USDT

219d ago

Summary

According to PANews on August 9 and Lookonchain monitoring, two whales were active today: whale 0xF436 withdrew 17,655 ETH (worth $72.7M) from exchanges in the past 18 hours, while whale 0x3684 spent 34 million USDT to purchase 8,109 ETH at $4,193 each, totaling 25,764 ETH moved.

Terms & Concepts

Ethereum (ETH): The native cryptocurrency of the Ethereum network, widely used for transactions and smart contract operations.
Whale: A term for entities holding large amounts of cryptocurrency, often influencing market trends.
USDT: USD Tether, a stablecoin pegged to the US Dollar, used widely for trading and transactions.