"14,1871 Ethereum (ETH) Deposited to Coinbase... Approximately 789.3 Billion KRW"

Source
Minseung Kang

Summary

  • It was reported that 14,1871 Ethereum (ETH) was deposited to Coinbase.
  • This occurred at a scale of approximately 551.07 million dollars, about 789.3 billion KRW.
  • Large deposits can lead to an increase in selling pressure and short-term volatility.

14,1871 Ethereum (ETH) has been deposited to the Coinbase exchange.

According to the cryptocurrency transaction tracking site Whale Alert, at around 18:17 on the 9th, 14,1871 ETH was deposited to the Coinbase exchange. This amounts to approximately 551.07 million dollars (about 789.3 billion KRW).

Typically, large-scale coin deposits to exchanges can lead to an increase in selling pressure, which may cause short-term volatility.

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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