Smart money holdings of Ethereum increased to 3,100.
AI Summary1 min read
TL;DR
A 'smart money' trader increased Ethereum holdings to 3,100 ETH, withdrawing over $9.5 million worth from Binance at an average price of $3,078.5, likely using previously deposited USDT.
Tags
EthereumSmart ContractsLayer 1smart moneyon-chain analysiscryptocurrency tradingBinance
According to Mars Finance, on January 11th, on-chain analyst Ai Yi (@ai_9684xtpa) monitored that the "smart money" trader 0x69b...0e378's holdings in this round of trading have increased to 3100 ETH. Five hours ago, he withdrew 503.01 ETH from Binance for the third time, accumulating tokens worth $9.543 million over the past two days, with an average withdrawal price of $3078.5. It is believed that the 9.57 million USDT he deposited into Binance two days ago has now been entirely used to build his ETH position.