BREAKING
145d 11h ago
Ethereum Inflow to DBS Bank Singapore: 4,400 ETH from Market Maker GSR in 2 Days (About $13.2M)
ETH
ETH/USDT
$2,189.56
+0.41%
$2,189.56
+0.41%
(24s)24h Volume
$4,655,623,406.96
24h H/L
$2,198.14 / $2,167.98
Change: $30.16 (1.39%)
Long/Short
75.1%
Long: 75.1%Short: 24.9%
Funding Rate
+0.0032%
Longs pay
Data provided by COINOTAG DATALive data
COINOTAG News, reporting on December 23, citing The Data Nerd monitoring, notes that DBS Bank Singapore received 2,000 ETH from market maker GSR, valued at about $5.93 million. The transfer underscores ongoing institutional use of large-cap digital assets for liquidity management.
Within two days, DBS Bank Singapore had accumulated a total of 4,400 ETH in transfers from GSR, worth roughly $13.2 million, signaling a material uptick in institutional ETH activity and reinforcing Singapore’s position as a hub for digital-asset liquidity. Market participants should watch for further confirmations.
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