The post Whale Withdraws 525 ETH from Coinbase to Acquire 10.83 Million BRETT in a Strategic Move appeared on BitcoinEthereumNews.com.

According to COINOTAG News on January 2nd, data from Onchain Lens indicates a substantial movement in the cryptocurrency market. A notable whale executed a withdrawal of 525 ETH from Coinbase, equating to approximately $1.74 million. Subsequently, this investor allocated 400 ETH (about $1.35 million) towards acquiring 10,830,000 BRETT tokens at an average price of $0.124 each. Presently, the whale’s portfolio includes 12,380,000 BRETT valued around $1.61 million, in addition to retaining 125 ETH which suggests potential for further investment in BRETT or other assets. This activity underscores the strategic movements of institutional investors within the volatile crypto landscape, emphasizing the importance of monitoring whale behavior for emerging trends. Source: https://en.coinotag.com/breakingnews/whale-withdraws-525-eth-from-coinbase-to-acquire-10-83-million-brett-in-a-strategic-move/

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Filed under: News - @ January 2, 2025 3:10 am