Posted 4/1/2024, 3:50:00 PM
Whale Transfers $47.9M in ETH to DeFi Platform Amid Ethereum Price Volatility
- 13,500 ETH worth $47.9M transferred from Bitfinex to unknown wallet, speculated to be a whale
- Entire sum of 13,500 ETH then deposited to Spark Protocol DeFi platform by whale
- Move signals whale positioning for DeFi activities like staking, lending, yield farming
- Ethereum price down 4.22% to $3,469 amid recent volatility
- Vitalik Buterin unveils next steps in "Purge" roadmap for ETH including EIP-6780
