The world of cryptocurrencies was once more taken by storm on Tuesday because the broader market witnessed colossal transactions made by FTX and Celsius, nabbing important consideration globally. As per on-chain knowledge surfacing over the crypto horizon, the 2 entities collectively moved over 35 million price of WBTC and ETH, garnering international consideration amongst crypto market fans.
Notably, as per the info floating throughout the market, the 2 our bodies transferred the aforestated tokens to CEXs amid a value surge. This appears to have sparked immense curiosity amongst market fanatics, fueling further inferences for these tokens.
FTX & Celsius Dump WBTC & ETH To CEXs
According to the info revealed by Spotonchain, a platform providing on-chain insights, FTX and Celsius collectively shifted $35.1 million price of WBTC and ETH in the present day, January 9. Moreover, these funds have been transferred to CEXs Binance, Coinbase, and a crypto brokerage and buying and selling agency, FalconX.
Aligning with knowledge unveiled by Spotonchain, FTX and Alameda moved $11.72 million price of WBTC and ETH to Binance and Coinbase. Concerning this, 200 WBTC, price $9.39 million, was moved to Binance at $46,952. Whereas, 1000 ETH, price $2.33 million, was shifted to Coinbase at $2,330.
Meanwhile, the Celsius community unstaked and transferred 10,000 ETH, price $23.39 million, to Coinbase and FalconX at a median of $2,339. Intriguingly, Celsius nonetheless holds 556,927 ETH, amounting to $1.28 billion, staked, with plans to unstake these holdings to collectors.
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WBTC & ETH Prices Surge
As of writing, the Wrapped Bitcoin (WBTC) value showcased a 6.42% surge over the previous 24 hours and is presently buying and selling at $46,777.99. Furthermore, its buying and selling quantity additionally famous an outstanding upswing, rising 134.95%, reaching $351.82 million. This outstanding upswing additionally mirrors Bitcoin’s price surge lately, propelling market optimism for the token.
On the opposite hand, even Ethereum’s price famous an upsurge, rising 3.45 % over the previous 24 hours, reaching $2,311.77. In addition, Ethereum’s buying and selling quantity additionally recorded a major upsurge of 43.55%, which is presently evaluated as $12.73 billion.
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