Exchanges· ★★· bearish·

Nansen CEO moves $1.41M in tokens to Coinbase

  • —382 ETH worth $957K transferred to Coinbase
  • —1 million LDO worth $423K sent to the exchange
  • —14 YFI worth $33K included in the same move
  • —Total transfer value reached $1.41 million
Why it matters: Large exchange inflows are often read as sell-side preparation and can weigh on ETH, LDO and YFI.
Source: PANews