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

ETH

ETH/USDT

$2,455.88

-0.41%

$2,455.88

-0.41%

(24s)

24h Volume

$15,026,304,431.14

24h H/L

$2,534.98 / $2,387.28

Change: $147.70 (6.19%)

Long/Short

58.5%

Long: 58.5%Short: 41.5%

Funding Rate

+0.0055%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,449.09

▲ 1.33%

Volume (24h): -

Resistance Levels

Resistance 3$2,765.75

Resistance 2$2,543.25

Resistance 1$2,461.12

Price$2,449.09

Support 1$2,438.83

Support 2$2,296.87

Support 3$2,211.29

Pivot (PP):$2,446.38

Trend:Uptrend

RSI (14):68.1

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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