According to on-chain analyst Lookonchain (@lookonchain), a whale wallet holding over 110,000 ETH (approximately $235 million) is suspected of selling ETH. In the past 14 hours, the wallet has transferred 30,000 ETH (approximately $68.55 million) to FalconX and Galaxy Digital, and received 7.76 million USDC from FalconX. The wallet may be related to Genesis Trading.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
A wallet suspected to be related to Genesis Trading transferred 30,000 ETH in 14 hours, and may be selling it
-
Wechat scan to share
Recommended for you
-
Bitcoin institutional buys flip new supply for the first time in 6 weeks
Bitcoin buying power from institutions flipped the daily mined BTC supply for the first time since the start of November, new data showed.
-
Bitcoin rebounds on Japan rate hike as Arthur Hayes sees dollar at 200 yen
Bitcoin headed higher despite the Bank of Japan's interest-rate hike while reactions saw bullish risk-asset signals and no further policy tightening.
-
MSCI’s crypto treasury rules could spur $15B of forced selling
Analysts estimated that crypto treasury firms face up to $11.6 billion in outflows if MSCI excluded them from its indexes.
-
US Fed pulls guidance blocking its banks from engaging with crypto
The Federal Reserve says it has withdrawn its old guidance around crypto as it was outdated, and its understanding has evolved.
-
Ethereum could get faster in January with gas limit rise to 80M
Ethereum could see another rise in transaction speed in January, with developers considering raising the gas limit to 80 million after the next blob parameter-only hard fork.
-
Ethereum needs simple explanation to see true trustlessness: Buterin
Vitalik Buterin says Ethereum needs to boost the number of people who can understand the entire blockchain, and it can “get better at this by making the protocol simpler.”
-
Lightning Network hits record capacity on crypto exchange adoption
Lightning Network’s capacity reached an all-time high as exchanges increased adoption, while a new Taproot Assets update has enabled multi-asset transactions.
-
Zixi.eth ·
Nivex Launches U.S. Stock Trading, Taking a Key Step Toward a Multi-Asset On-Chain Trading Platform
-
-
Zixi.eth ·
RWA Takes Off: When Consumer Behavior Becomes an On-Chain Asset — BeFlow’s Practical RWA Approach to Consumption
Daily Must-Read
-
MSCI’s crypto treasury rules could spur $15B of forced selling
-
US Fed pulls guidance blocking its banks from engaging with crypto
-
Ethereum could get faster in January with gas limit rise to 80M
-
Lightning Network hits record capacity on crypto exchange adoption
-
Strategy won’t be forced to sell Bitcoin if stock drops, Bitwise CIO says
-
Coinbase CEO Armstrong Says Banks That Don't Adapt Stablecoin Will be 'Left Behind'
All Comments