These funds seemed to be sent to wallets of crypto exchange Binance as per Nansen data, where they presumably could be sold.
Source
Related posts
-
BTC, ETH Consolidate Ahead of Ether ETF Decision
Shares in Nvidia reached a record high during Wednesday’s post-market hours after the company beat analyst... -
Ether (ETH) Spot ETF Approval Would Raise Expectations That Solana (SOL) Could Also Be Classified a Commodity: Bernstein
“Long term, we do believe, should Trump get elected, crypto could see significant legislative and agency... -
Bitcoin (BTC), Ether (ETH) in Stasis as SEC ETF Decision Looms, Nvidia (NVDA) Hits Record High
“The SEC should approve U.S.-listed ETH ETFs today. Hours before the Bitcoin ETF approval, SEC Gensler...