( Date: Friday 12 July 2024, 03:25 AM GMT):
In today’s cryptocurrency market, the Ether.fi team made a significant move by depositing a large number of tokens. According to Lookonchain, a wallet linked to the Ether.fi team transferred 880,000 ETHFI, worth approximately $1.87 million, to Binance just 30 minutes ago.
A wallet related to the https://t.co/Jqz8WvISH6 team deposited 880K $ETHFI($1.87M) to #Binance 10 minutes ago.
— Lookonchain (@lookonchain) July 12, 2024
This wallet received 10M $ETHFI($65.2M) from the https://t.co/Jqz8WvISH6 team wallet 3 months ago.
Address:
0x57CC1CAE9E9567EBDBc9537536916273A2015491 pic.twitter.com/nhlp1ToRxu
This wallet previously received a hefty sum of 10 million ETHFI, valued at $65.2 million, from the Ether.fi team wallet three months ago. The address of the wallet is 0x57CC1CAE9E9567EBDBc9537536916273A2015491.
Despite this recent transaction, the wallet still holds a substantial amount of ETHFI tokens. As of now, the ETHFI token is trading at $2.10, experiencing a 3.15% drop in the last 24 hours. The current market capitalization of ETHFI stands at $241 million.