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Ethereum News: Largest Singapore Bank Bags $200M Profit With Major ETH Investment

source-logo  coingape.com 30 May 2024 16:10, UTC

The largest bank in Singapore, DBS Bank, has been identified as a significant player in the Ethereum (ETH) market, according to on-chain analytics firm Nansen. The bank holds nearly $650 million worth of ETH reserve. Moreover, it has made a gigantic profit of $200 million during the recent ETH price dally.

coingape.com