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Institution Moved 142,800 ETH to Exchanges Over 4 Days, Worth $345M
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News EditorOver the past four days, an unidentified institution has transferred 142,800 ETH (worth $345M) to centralized exchanges, with the latest 39,500 ETH moved in the past 24 hours, according to on-chain monitor Ember. The average price of the deposits is $2,420. The address still holds 29,735 ETH, valued at approximately $70.9M.
According to monitoring by Ember, an institution has transferred 39,500 ETH (worth approximately $95 million) to multiple centralized exchanges in the past day. Over the past four days since August 30, the institution has deposited a total of 142,800 ETH (worth about $345 million) to exchanges, with an average price of around $2,420. The address still holds 29,735 ETH, valued at approximately $70.9 million.
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