FTX drainer sells more BNB, now 34th largest holder of ETH

The wallet currently holds at least $322 million in cryptocurrencies — 87.5% of which is ether. It is now the 34th largest holder of ether. The post FTX drainer sells more BNB, now 34th largest holder of ETH appeared first on The Block.

Timeline of Bnb, Ethereum

The scars of the FTX collapse last week still continue to exist in the crypto market. The FTX hacker, who reportedly stole $600 million worth of assets from the exchange, has been selling all other stolen assets and amassing ETH in massive quantities.

UNI, the native cryptocurrency of Ethereum-based decentralized exchange (DEX) Uniswap is up by 6% today currently trading at a price of $6.34 and a market cap of $4.8 billion. In the last 5 days, the user activity on Uniswap has shot up significantly as the decentralized exchange becomes a go-to platform for users as they The post UNI Shoots 6% As Uniswap Becomes The Second Largest ETH Exchange appeared first on CoinGape.

FTX is one of the renowned cryptocurrency exchanges worldwide that recently collapsed, and the crypto exchange has experienced a hack where the perpetrator is gathering Ethereum tokens. The company promotes the transaction and liquidity of digital tokens and coins.

Ethereum whales total accumulation of Shiba Inu was a huge $75.28 million, far ahead of their other holdings SHIB's performance has been nowhere near impressive despite the attention gained. Short-term consolidation likely, and possible respite in the long-term.

Binance Coin price analysis has turned bearish once again, after showing some positive momentum to push price up to $282.6 yesterday. BNB price failed to consolidate on the positive momentum from then and dropped down to $273.7 today, before rising up to $276 at the time of writing.

Top Ethereum whales were accumulating in a style that could lead the altcoin king to a price correction Based on the price-DAA divergence, ETH was far from being undervalued. Hence, the assumption could be valid The recent market turbulence ensured that crypto prices faced a downturn, from which Ethereum [ETH] was not exempted.

The hacker who used an exploit to steal funds from the now-bankrupt FTX has emerged as the 35th-largest owner of Ethereum, with a total of 228,523 ETH worth $284.82 million. The post FTX hacker is now one of the largest ETH holders appeared first on CryptoSlate.

Three days ago, on Nov. 11, 2022, it was reported that FTX's wallets saw unusual activities and FTX Telegram channel admins stressed that FTX was “hacked.” The same day, the new FTX CEO John Ray confirmed there were “unauthorized transactions.

The entity that moved funds out of crypto exchange FTX's wallets last week has been swapping its coins to accumulate ETH, making it one of the biggest Ethereum whales in existence. On Friday, FTX's general counsel Ryne Miller released a statement on the company's Telegram channel, saying the exchange had been hacked.

FTX hacker reportedly swapped around $50M of $Dai to $Ethereum in a state of “panic” according to intelligence firm Arkham. It is rumored that this hack is an inside job, with Kraken CEO Nick Percoco confirming that they know the identity of the attacker.