On January 26th, Spot on Chain reported that shortly after Celsius deposited ETH into CEX, 12 new wallets withdrew 296,835 ETH ($660 million) from Coinbase, accounting for 97.2% of the total deposit amount and suspected to be off-exchange transactions.

Previously, according to Spot on Chain monitoring, Celsius addresses sent 459,560 ETH (worth $1.02 billion) to multiple CEXs in the past 8 hours.

#PEPE🔥🔥