#Whale continuous withdrawal#
Hot Topic Overview
Overview
Recently, multiple whale accounts have withdrawn large amounts of ETH from Binance in a short period of time, attracting market attention. One whale address withdrew 15,332 ETH, worth $51.77 million, in 20 minutes, and then used some of the ETH for liquidity operations on Uniswap V3. In addition, another new whale account withdrew 1500 ETH, worth $5.21 million, in 30 minutes, and also withdrew 1086 ETH last week. These whale withdrawals have sparked market speculation about the price trend of ETH, with some analysts suggesting that it could signal an upcoming rise in ETH prices.
Ace Hot Topic Analysis
Analysis
Recently, multiple whale accounts have withdrawn large amounts of ETH from Binance in a short period of time, attracting market attention. One whale address withdrew 15,332 ETH, worth $51.77 million, from Binance in 20 minutes, then deposited 7,500 ETH into StakeStone to exchange for beraSTONE, and paired it with 7,830 ETH to build liquidity on Uniswap V3. Another new whale withdrew 1,500 ETH, worth $5.21 million, from Binance in 30 minutes, and also withdrew 1,086 ETH, worth $4.29 million, last week. These whale withdrawals have sparked market speculation, with some believing it may be for liquidity operations, while others believe it may be for risk avoidance, but the specific reasons remain unclear.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whale withdrawals may be for liquidity operations, such as setting up liquidity pools on Uniswap V3.
Giant whale withdrawals may signal upcoming market volatility, as their actions often influence market trends.
Giant whale withdrawals may be for arbitrage operations, such as profiting from price differences between exchanges.
Giant whale withdrawals may be for other investment operations, such as investing in other cryptocurrencies or projects.