Whale moves 6,000 ETH worth $16.1M to five exchanges
- —Wallet 0xd0A4 deposited 6,000 ETH across five centralized exchanges
- —The transfer is worth roughly $16.1 million at current prices
- —Recipients include OKX, Kraken, Gate, Bybit and Binance
- —Lookonchain links the deposit to an intent to sell
Why it matters: Large exchange deposits often precede selling and can add short-term pressure on ETH's price.
Source: PANews