Markets· ★★· bullish·

New wallet withdraws 2,695 ETH from Gemini and stakes them

  • —Wallet 0xC2f1 was recently created and is not linked to known addresses
  • —2,695 ETH worth $6.94M withdrawn
  • —All coins immediately sent to staking
Why it matters: A large withdrawal and staking reduces ETH supply in circulation, which could support the asset's price.
#ETH
Source: PANews
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