Anonymous Whale Deposits $9.3M in ETH to Binance

Quick Summary:

Anonymous Whale Deposits $9.3M in ETH to Binance In a noteworthy on-chain movement, an anonymous whale address (starting with 0xb99) has recently deposited 3,850 ETH—valued at approximately $9.3 million—into Binance, one of the largest cryptocurrency exchanges globally.

Inflows from whale deposits enhance Binance’s liquidity pools, facilitating smoother trading operations and potentially affecting ETH’s market depth.

This action marks a significant movement within the Ethereum network, as whale activity often signals potential shifts in market dynamics.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Crypto News Whale Deposit

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 04:50:35 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 899 words

Reading Time: 5 minutes read

Sentences: 45 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23388704

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 27 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #121

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