- Lookonchain revealed in an X post today that a wallet linked to HashKey deposited 50,115 ETH to Binance and OKX.
- According to the post, the whale sold ETH at an average price of approximately $2,047.
- ETH was able to record a 24-hour gain of 1.26% but was still trading below $2K.
Lookonchain, the on-chain tracking platform, revealed in an X post today that a wallet linked to HashKey dumped $97.7 million worth of Ethereum (ETH) in the last few days. According to the post, wallet 0xD26e deposited 50,115 ETH to exchanges throughout the past 10 days.
A wallet related to #HashKey dumped 50,115 $ETH($97.7M) in the past 10 days.Wallet"0xD26e" deposited 50,115 $ETH($97.7M) to #Binance and #OKX, then withdrew 89.6M $USDT and 12.95M $USDC.
The average selling price probably is $2,047.https://t.co/qYLUghQetE pic.twitter.com/Nj4LzeytUu
— Lookonchain (@lookonchain) November 19, 2023
On-chain data shows that the wallet sent the tokens to Binance and OKX. Following these deposits, the whale then withdrew 89.6 million Tether (USDT) and 12.95 million USD Coin (USDC). The average selling price was around $2,047, according to Lookonchain.
Despite the recent selloff by this…
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