After approval of Ethereum spot ETF, large-scale ETH withdrawal from exchange… Who's behind it?

in SCT.암호화폐.Crypto • 3 months ago

An analyst at CryptoQuant, an on-chain data platform, said, “After the Ethereum spot exchange-traded fund (ETF) was approved, 800,000 ETH was withdrawn from cryptocurrency exchanges,” explaining this outflow. I mentioned the background.https://cryptoverse55.blogspot.com/2024/06/after-approval-of-ethereum-spot-etf.html

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According to CryptoPotato on the 3rd (local time), CryptoQuant analyst 'Burakkesmeci' said in a Quick Take on-chain analysis post, "After the approval of the Ethereum spot ETF, an unknown individual or institution made about 30% in 8 days. “800,000 ETH worth 100 million dollars were withdrawn from the exchange,” he said, adding, “Similar movements were observed even after the approval of the Bitcoin spot ETF
https://cryptoverse55.blogspot.com/2024/06/after-approval-of-ethereum-spot-etf.html

#crypto #srt #cryptonews #ethereum #blockchain
3 months ago in SCT.암호화폐.Crypto by
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