Ethereum Whales Move $140M to Exchanges like Coinbase, Kraken, OKX

• Ethereum (ETH) whales are transferring nearly $140,000,000 worth of ETH into prominent crypto exchanges such as Coinbase, Kraken and OKX.
• Whale Alert data shows that high-net-worth investors have moved 20,000 ETH ($38 million), 25,264 ETH ($48.3 million) and 30,000 ETH ($57.7 million) respectively from various wallets to the exchanges mentioned above.
• Earlier this month another whale withdrew over $91 million worth of the top altcoin from Binance and also staked about $65 million worth of Ethereum.

Ethereum Whales Transferring Over $140M in ETH

Deep-pocketed Ethereum (ETH) investors are shifting over a hundred million dollars worth of ETH into prominent crypto exchange platforms like Coinbase, Kraken and OKX according to platform dedicated to tracking whale activity – Whale Alert.

20K ETH Transferred To Kraken From Arbitrum

Data from Whale Alert finds that one high-net-worth investor transferred 20,000 Ethereum (ETH), which is just above $38 million from layer-2 scaling solution Arbitrum (ARB) to Kraken – a San Francisco based crypto exchange.

25K+ ETH Transferred To Coinbase From Unknown Wallet

The same data reveals that another whale shifted 25,264 Ethereum (ETH), equivalent to approximately $48.3 million from an unknown wallet to leading US-based crypto exchange platform – Coinbase.

30K+ ETH Transferred To OKX From Unknown Wallet

High-net-worth traders also repositioned 30,000 Ethereum (ETH), valued at around $57.7 million from an unknown wallet to Seychelles based crypto exchange – OKX.

Whale Withdraws Over $91M In Altcoin From Binance

Earlier this month blockchain tracking firm Lookonchain reported that a big Crypto Whale withdrew over $91 million worth of the top altcoin from popular Exchange Platform – Binance since June 8th with additional staking of about $65 million worth of Ethereum as well.