Crypto Whales Flood Exchanges with Ethereum, Uniswap and Space ID Transactions

Wednesday, 17 April 2024, 08:30

Large cryptocurrency investors, known as crypto whales, have shifted millions in Ethereum, Uniswap, and Space ID to major exchanges. This surge raises questions about motives and potential impact on prices, garnering market attention.
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Crypto Whales Flood Exchanges with Ethereum, Uniswap and Space ID Transactions

Whale Activity Surges: Crypto Assets Flood Exchanges

Since April 16, 2024, significant transfers have been tracked by analysts. Notable movements include large sums of ID, ARB, and ETH tokens by major players such as DWF Labs, Amber Group, and Celsius Network.

Detailed Transactions:

  • Celsius Network moves 8,091 ETH (~$24.5 million) to Coinbase.
  • Amber Group transfers 1 million ARB tokens ($1.13 million) to Coinbase.
  • DWF Labs relocates 9.2 million ID tokens ($6.69 million) to OKX.
  • Uniswap whale accumulates and sells UNI tokens at profit.

Market Impact:

These transactions, although speculative in motives, can potentially influence market trends and prices of the mentioned cryptocurrencies.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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