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Whale Transfers 8,000 ETH To Binance Linked To czsamsunsb.eth Address: Report

source-logo  news.coincu.com 18 September 2023 16:51, UTC

EmberCN has recently reported a significant cryptocurrency transaction. Just 90 minutes ago, a whale address executed a transfer of 8,000 ETH, valued at $13.24 million, to Binance, with Ethereum trading at $1665 during the transaction.

Notably, this address had previously moved 4,000 ETH between August 29th and August 31st. In just 20 days, a total of 12,000 ETH, equivalent to $20 million, has been transferred to Binance from this specific wallet.

The thereof address received a substantial sum of 64,000 ETH, equivalent to $106 million, from czsamsunsb.eth shortly after its creation in March. There’s speculation that this address may be associated with czsamsunsb.eth.

CoinCu recently reported data from the options data tracking website Greeks.Live that significant trading activity has taken place in the form of Ethereum call options contracts on the cryptocurrency exchange Deribit.

The cumulative value of these contracts stands at a staggering $150 million. This ETH whales have been particularly active, with nearly 92,600 ETH call option contracts purchased within this timeframe.

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