#ETHFIonBINANCE #ETHFI Whale Wallets Withdraw Large Amounts of Tokens from Exchanges

Likewise, Wallet 0x5ea, likely functioning as a market maker, withdrew 193.518k ETHFI ($1 million) from KuCoin at an average rate of $5.174. Similar to Wallet 0x624, this address received a notable sum of ETHFI from the DAO multisign, indicating its participation in market-making endeavors.

Furthermore, two other significant holders, Wallets 0x839 and 0x8b6, retrieved considerable amounts of ETHFI from Binance, totaling 174,800 ETHFI ($850k) and 156,833 ETHFI ($852k) respectively, further contributing to the token’s circulating supply.

In total, these four wallets collectively possess 12.2 million ETHFI ($76.6 million), representing approximately 10.6% of the token’s circulating supply.

As ETHFI continues to witness substantial price increases and heightened activity, market observers eagerly await further developments in the Ether.fi ecosystem.

Disclaimer: This content does not constitute trading or investment advice. It is essential to conduct thorough research before purchasing any cryptocurrency or investing in any services.

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