58bro.eth deposits 3,000 ETH to OKX at a $570K loss
- —3,000 ETH worth about $7.53 million sent to OKX
- —Entry price five days ago was $2,702.35 versus $2,512.13 now
- —Roughly 7% drawdown, about $570,000 in losses
Why it matters: A large deposit to an exchange may signal preparation to sell and weighs on ETH sentiment.
Source: PANews