"Evidence of 4400 Ethereum transfers from GSR wallet to an address linked to DBS Bank over two days"
Minseung Kang
Summary
- It reported that signs were detected of large Ethereum transfers from a wallet associated with GSR to an address suspected to be Singapore's DBS Bank.
- The Data Nerd said that over the past two days a total of 4400 Ethereum moved to the same address from the same wallet.
- It said the cumulative transferred amount is about $13.2 million.
Signs were detected of large Ethereum transfers from a wallet associated with crypto asset (cryptocurrency) market-making firm GSR to a wallet address suspected to be linked to Singapore's DBS Bank.
On the 23rd, on-chain crypto asset analysis account The Data Nerd reported, "1 hour ago about 2000 Ethereum were transferred from a GSR-related wallet to an address that appears to be linked to DBS." The amount was about $5.93 million at the time of transfer.
The Data Nerd said, "Over the past two days a total of 4400 Ethereum moved from the same wallet to the same address," and "the cumulative transferred amount is about $13.2 million."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
