Whale user deposits 9.47 million USDT into CEX to purchase ETH

--・Verified Binance official account

AI Summary

Whale users depositing large amounts of USDT to acquire ETH may boost market sentiment. This move may indicate higher demand and price volatility in the future.

According to BlockBeats' on-chain detective report, on May 9, the whale user '0xbA7' deposited 9.47 million USDT into a centralized exchange (CEX) and purchased 4,415 ETH.
The total holdings of this whale increased to 7,130 ETH, approximately 15.81 million USD, with an average entry price of about 1,900 USD.

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ETH

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+2.54%

Whale user deposits 9.47 million USDT into CEX to purchase ETH

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