Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ETHEREUM NEWS»Ethereum Inflows: Celsius and FTX deposit millions of dollars into exchanges
ETHEREUM NEWS

Ethereum Inflows: Celsius and FTX deposit millions of dollars into exchanges

By Crypto FlexsDecember 15, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ethereum Inflows: Celsius and FTX deposit millions of dollars into exchanges
Share
Facebook Twitter LinkedIn Pinterest Email

Recent reports have shown that bankrupt cryptocurrency companies Celsius Network and FTX have transferred significant amounts of money. Ethereum (ETH) From holdings to centralized exchanges.

Whale Ethereum (ETH) transfer from Celsius and FTX

According to data On-chain tracker Spotonchain, both Celesius and FTX have been depositing large amounts of Ethereum to other cryptocurrency exchanges. The tracker recently revealed two large ETH transfers by bankrupt cryptocurrency companies.

Spotonchain used X (formerly Twitter) to share these whale transactions with the entire cryptocurrency community. The on-chain tracker noted that these transactions were carried out when the price of Ethereum was again above $2,300.

The cryptocurrency asset has been seeing strong price action for some time, with ETH reaching a high of $2,300 earlier this week. However, the token has since fallen more than 3% in the past week, according to CoinMarketCap.

according to the report Cryptocurrency lender Celsius Network About 8 hours ago, I made a significant transaction of about 7,500 ETH on the cryptocurrency exchange FalconX. At the time of the transaction, the value of the aforementioned Ethereum was approximately $17 million.

This move follows Celsius depositing a whopping 25,000 ETH, worth $57 million, with Coinbase and FalconX about a week ago.

Spotonchain also reported a cryptocurrency exchange that went bankrupt. FTX Executed a significant transaction of approximately 1,593 ETH, which was worth $3.66 million at the time of the transaction. According to the data, FTX transferred the stated ETH to an address identified as 0xCeF approximately 55 minutes prior to publication.

Additionally, the wallet address currently holds approximately 2,244 ETH worth $5.16 million, which Spotonchain highlighted as a possible transfer to Coinbase.

These significant Ethereum transfers highlight how major cryptocurrency companies continually adjust their positions and strategies in response to market volatility. Investors and the community are closely monitoring these movements to gain insight into future changes and market patterns.

Sell ​​a whale of cryptocurrency assets

Last week, an Ethereum whale was discovered reportedly holding about 10,000 ETH worth over $23 million. reported I’m trying to sell tokens. According to data from Lookonchain, another on-chain tracker, the whale transferred 3,700 ETH worth $8.72 million to the Binance platform. The tracker also highlighted another whale transaction in which approximately 6,099 ETH was sold for $12 million.

Their selling craze whale This could have two effects on your cryptocurrency assets. The selling strategy could benefit the Ethereum market as a whole if it improves price stability and balance. On the other hand, if it leads to chaos, prices can fluctuate significantly and market stability can be undermined.

ETH is trading at $2,282 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from iStock, Chart from Tradingview.com

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Hash research CEO is appointed chief policy officer at the presidential office

June 7, 2025

Ether Leeum’s imminent brake out in major chart patterns

June 6, 2025

Bitcoin dives for less than $ 102K in fading momentum and macroscopic uncertainty.

June 6, 2025
Add A Comment

Comments are closed.

Recent Posts

Solana (SOL) introduces Alpenglow for faster blockchain agreement.

June 7, 2025

The Foresight Ventures report shows a collection shift where more than 32,000 sellers around the world accept encryption.

June 7, 2025

$ AB is live on Binance, guiding the new era of new cross chain asset mobility.

June 7, 2025

Trump memoin is faced with a $ 520m lock in July and the price drops by 85%.

June 7, 2025

Vaneck launches GPZ ETF for alternative asset managers.

June 7, 2025

Apple, X, Airbnb Eye Stablecoin Integration

June 7, 2025

Strategy to raise almost $ 1B by STRD priority proposal for BTC accumulation

June 7, 2025

Hash research CEO is appointed chief policy officer at the presidential office

June 7, 2025

Thorchain integrates the director of the XRP to facilitate the distributed swap.

June 7, 2025

Thorchain integrates the director of the XRP to facilitate the distributed swap.

June 7, 2025

Coinbase adds a pancake swap to Roadmap to Surges for BNB Chain Dex to record $ 173,000,000 in monthly.

June 7, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Solana (SOL) introduces Alpenglow for faster blockchain agreement.

June 7, 2025

The Foresight Ventures report shows a collection shift where more than 32,000 sellers around the world accept encryption.

June 7, 2025

$ AB is live on Binance, guiding the new era of new cross chain asset mobility.

June 7, 2025
Most Popular

Why Solana Surges After Trump’s Shocking Victory

November 7, 2024

3 reasons why Ethereum price remains strong compared to Bitcoin

May 31, 2024

Cash processing company Brink invests in cryptocurrency custodian BitGo

January 24, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.