Three Wallets Withdraw $6.24 Million Worth of ETHFI from Binance

Blockchain analytics firm The Data Nerd reports that three wallets withdrew 7.42 million ETHFI tokens from Binance in one day, valued at $6.24 million at an average buy price of $0.841.

ETHFI

Summary

According to blockchain analytics provider The Data Nerd, three wallets collectively withdrew 7.42 million ETHFI tokens from Binance within 24 hours, totaling approximately $6.24 million in value. The reported average acquisition price for these holdings was $0.841 per token.

Terms & Concepts
  • ETHFI: A cryptocurrency token traded on various exchanges, including Binance.
  • Binance: A major global cryptocurrency exchange that facilitates trading and withdrawals of digital assets.
  • Average Buy-in Price: The mean price at which an investor acquires a specific asset, used to gauge investment cost and potential gains.