Analyst Gives Three Reasons Why $1.6 Billion in ETH Just Left Exchanges
Analyst Gives Three Reasons Why $1.6 Billion in ETH Just Left Exchanges We get to the bottom of what happened to the $1.6 billion ETH drained from exchanges. More than $1.5 billion of ETH left exchanges this week. An analyst explains that it could have gone to DeFi, ETH2.0 staking snapped up by large investment firms. But his analysis still leaves some mysteries unanswered. Some hefty whales have been detected in the waters of the Ethereumblockchain. The Ethereum balance on top-tier cryptoexchanges reached a 15-month low of 15.4 million ETH ($20.5 billion) according to a tweet from crypto a...
Source: decrypt.co