Analysis

Whale Transfers 8,000 ETH To Binance Linked To czsamsunsb.eth Address: Report

Key Points:

  • A whale address recently transferred 8,000 ETH ($13.24M) to Binance.
  • This address has moved 12,000 ETH ($20M) in 20 days and received 64,000 ETH linked to czsamsunsb.eth.
Whale address sends 8,000 ETH ($13.24M) to Binance, totaling 12,000 ETH ($20M) in 20 days. Linked to czsamsunsb.eth with 64,000 ETH received.

EmberCN has recently reported a significant cryptocurrency transaction. Just 90 minutes ago, a whale address executed a transfer of 8,000 ETH, valued at $13.24 million, to Binance, with Ethereum trading at $1665 during the transaction.

Notably, this address had previously moved 4,000 ETH between August 29th and August 31st. In just 20 days, a total of 12,000 ETH, equivalent to $20 million, has been transferred to Binance from this specific wallet.

The thereof address received a substantial sum of 64,000 ETH, equivalent to $106 million, from czsamsunsb.eth shortly after its creation in March. There’s speculation that this address may be associated with czsamsunsb.eth.

CoinCu recently reported data from the options data tracking website Greeks.Live that significant trading activity has taken place in the form of Ethereum call options contracts on the cryptocurrency exchange Deribit.

The cumulative value of these contracts stands at a staggering $150 million. This ETH whales have been particularly active, with nearly 92,600 ETH call option contracts purchased within this timeframe. 

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.

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