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According to COINOTAG News, recent data from The Data Nerd indicates a substantial transfer of 603 Ethereum to Coinbase by Symbolic Capital Partners, valued at approximately $1.1 million. This transaction, executed within the past two hours, reflects the increased activity of institutional investors in the cryptocurrency market. Over the past 24 hours, the firm has executed transfers totaling 10,334 Ethereum, amounting to nearly $19.36 million, across both Binance and Coinbase platforms.
Furthermore, examining monthly trends, Symbolic Capital Partners has deposited 28,056 Ethereum—equivalent to around $52.44 million—into centralized exchanges (CEX). This substantial influx underscores the growing institutional interest in cryptocurrencies, particularly in Ethereum, as regulations and market maturation continue to attract major players in the financial landscape.
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