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According to COINOTAG News on January 16, recent tracking by LookIntoChain has revealed significant trading activity within the Ethereum ecosystem. A notable Triple Whale entity executed the sale of a staggering 10,895 ETH, equivalent to approximately $36.47 million, within a mere three-hour timeframe. The entity known as jitrust.eth notably deposited 4,669 ETH worth $15.65 million into the Binance exchange, resulting in a marked depreciation reflected in a loss of $1.6 million.
Further transactions included an address starting with 0x0945, which offloaded 4,216 ETH for $14.08 million at a rate of $3,341 per unit. Meanwhile, another wallet beginning with 0x0121 divested 2,010 ETH, yielding $6.74 million at a price of $3,352. These high-volume trades highlight the ongoing volatility and active participation in the Ethereum market.
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