Wallet moves 3,333 ETH worth $8.4M to OKX and withdraws $5.92M in USDT
- —The wallet deposited 3,333 ETH to OKX worth about $8.4 million
- —It withdrew $5.92 million in USDT from the exchange, indicating a partial sale
- —The operation took four hours after ETH returned to $2,500
Why it matters: Large ETH transfers to exchanges followed by stablecoin withdrawals often signal profit-taking and pressure on the price.
Source: PANews