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PANews said that the two addresses transferred or withdrew approximately 13000 units ETH, worth more than 29000000 USD。
Two whales bought a total of more than 29000000 USD ETH
PANews October 31 According to Lookonchain monitoring, multiple “whale” addresses are buying ETH。4 hours ago, whale address 0x72e0 received from FalconX 9,625 units of ETH(worth 21570000 USD）。8 hours ago, a newly created wallet address 0x2908 withdrew OKX from 3,377 units of ETH(worth 7520000 USD）。
Source: https://www.panewslab.com/zh/articles/01a18fa0-9c11-7111-b662-0e8691530971
PANews reported on October 31 that Lookonchain monitored multiple “whale” addresses buying ETH。
Address 0x72e0 received from FalconX 4 hours ago 9,625 units ETH, worth 21570000 USD。
A newly created wallet address 0x2908 withdrew 8 hours ago from OKX 3,377 units ETH, worth 7520000 USD。
The report headline says that two whales bought more than 29000000 USD ETH。
The following is analysis, separate from reported facts. Verify important claims independently.
This is a report on on-chain fund movements: the two addresses received assets from FalconX and OKX obtained ETH. The report describes this as buying, but the transfers themselves do not necessarily prove the ultimate use.
Large-address transfers may become a clue for market observers monitoring ETH fund flows, but the available material does not provide a transaction hash or subsequent destination.
Beginners can first distinguish between “an address receiving or withdrawing ETH” and “a confirmed purchase.”
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An individual, institution, or organization that holds a large amount of a particular cryptocurrency and may significantly influence market prices through large-volume buying or selling.
View glossary →The destination information that must be verified when receiving or sending cryptocurrency; transfers are generally irreversible if it is entered incorrectly.
View glossary →Transaction ID Another term for a transaction, generated by processing the transaction details through a hash function.
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