Staggering amount of Ethereum deposited to Coinbase, while ETH price goes up 3.25%
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Prior to those transfers, another anonymous whale shoveled a staggering 19,999 ETH to the world’s largest exchange, Binance. That was the equivalent of $52,258,179. Over the last 24 hours, the second largest cryptocurrency, Ethereum, staged an impressive rise of 3.25%, surging from the $2,600 zone to $2,690. ETH printed a large green candle on an hourly chart. By now, however, the price has taken a step back, andThis user bought a staggering 96,639 ETH worth more than $151 million on Coinbase for $1,567 per coin in September 2022. He held that stash until March 2024.
Earlier this week, Ethereum cofounder Vitalik Buterin published an X post, in which he shared that he has received advice to"do less philosophizing and do more ethereum bullposting." Therefore, he issued a tweet with an image of a bull on a hill covered in green grass and wearing a board with the text saying “Ethereum is good.” This provoked the Ethereum price surge in the second half of the week.Yuri is interested in technology and technical innovations.
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