Whale Transaction Alert: 40,000 ETH Moved from Bitfinex to Aave and Binance

ETH

ETH/USDT

$2,127.12

+4.51%

$2,127.12

+4.51%

(24s)

24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short

69.8%

Long: 69.8%Short: 30.2%

Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,121.96

▲ 1.67%

Volume (24h): -

Resistance Levels

Resistance 3$2,577.98

Resistance 2$2,403.28

Resistance 1$2,234.29

Price$2,121.96

Support 1$1,994.75

Support 2$1,826.83

Support 3$1,157.44

Pivot (PP):$2,110.44

Trend:Downtrend

RSI (14):32.9

According to recent data from COINOTAG, on-chain analytics revealed that a significant whale address beginning with 0xEd0 executed a notable withdrawal of 40,000 ETH from Bitfinex. This transaction, which occurred approximately two hours ago, amounted to roughly $133 million, with an average price of $3,326.7 per ETH. Following this sizable withdrawal, the investor transferred 20,000 ETH into Aave and subsequently secured a loan of 40 million USDC. Notably, the entire amount has since been transferred to Binance, potentially indicating a strategic move towards liquidity and market positioning.