Recent Transactions by Matrixport Wallets
In the past 3 hours, wallets associated with the cryptocurrency analysis and investment firm Matrixport have deposited a total of 95,873 ETH (approximately $452 million) into Binance and OKX exchanges.
Withdrawals from Matrixport Wallets
Over the last 2 hours, 2,354.6 BTC (around $272 million) was withdrawn from the same wallets on Binance and OKX.
This activity is seen as an indication that the company is selling ETH and acquiring BTC.
Ethereum Market Activities of Address 0x3c9E
Another significant development in the Ethereum market originated from the frequently trading address 0x3c9E. This unfortunate whale is recognized for selling during market downturns and repurchasing as prices increase. The transactions over recent months are as follows:
Significant Moves by a Major Bitcoin Investor
A noteworthy action came from a major Bitcoin investor. This early-stage whale has expanded his Ethereum holdings by selling an extra 4,000 BTC (approximately $460 million). To date, he has acquired 179,448 ETH ($806 million) at an average price of $4,490. Currently, he holds a long position of 135,265 ETH ($581 million).
This is not investment advice.
