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A new address withdraws 13,000 ETH from Binance and deposits it all into Renzo

CointimeCointime2024/03/27 03:25
By:Cointime

As monitored by on-chain analyst Yu Jin, a newly created address withdrew 13,000 ETH ($46.7 million) from Binance in the past 19 hours at an average price of $3,592. The entire amount was then deposited into the Ethereum liquidity and re-collateralization protocol Ren, becoming the largest individual/institutional deposit address for Ren.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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