Ethereum Inflow to DBS Bank Singapore: 4,400 ETH from Market Maker GSR in 2 Days (About $13.2M)

ETH

ETH/USDT

$2,687.09

-0.36%

$2,687.09

-0.36%

(24s)

24h Volume

$13,722,537,417.37

24h H/L

$2,721.42 / $2,635.69

Change: $85.73 (3.25%)

Long/Short

59.2%

Long: 59.2%Short: 40.8%

Funding Rate

+0.0052%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,692.29

▲ 0.14%

Volume (24h): -

Resistance Levels

Resistance 3$3,159.67

Resistance 2$2,787.13

Resistance 1$2,718.59

Price$2,692.29

Support 1$2,685.84

Support 2$2,585.93

Support 3$2,501.64

Pivot (PP):$2,694.18

Trend:Uptrend

RSI (14):63.3

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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