Ethereum Price Braces For a Major $260 Million Shock
Ethereum whale Garrett Jin deposited $178 million worth of ETH into Binance on May 8. BlackRock and Fidelity also sent a combined 35,394 ETH to Coinbase Prime within hours. The combined flow exceeded 113,000 ETH valued at nearly $260 million. The transfers hit exchange-linked platforms as US spot Ether exchange-traded funds (ETFs) absorbed $103.5 million...
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