Blockchain data shows that a wallet address labeled 0x166f has withdrawn a total of 20,000 Ethereum from exchanges Binance and Deribit in the last two hours. Based on current market prices, this amount is valued at approximately $38.25 million.
Market Reaction
Large-scale fund movements often attract attention, especially when linked to whale-level investors. Analysts suggest that the next steps involving these funds could influence Ethereum's price in the short term.
- Transaction Time: Within the past 2 hours
- Total Withdrawn: 20,000 ETH
- Total Value: $38.25 million