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23 April 2021

Whale Moves $1.3 Billion ETH to DeFi After Price Hits New All-Time High - Decrypt

Whale Moves $1.3 Billion ETH to DeFi After Price Hits New All-Time High - Decrypt


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Whale Moves $1.3 Billion ETH to DeFi After Price Hits New All-Time High.

An anonymous whale just shifted over 629,000 ETH—worth over $1.3 billion at Ethereum’s current price—to the Compound contract, as picked up by  blockchain tracker Whale Alert.

Coinciding with the whale move is Ethereum’s price surge over $2,000; Ethereum set an all-time-high today of $2,152.

To make the transaction happen, the whale paid a gas fee of 0.0205 ETH—just over $43 at Ethereum’s current price, $2,113.

And $43 to help a whale to move $1.3 billion is a drop in the ocean.

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