PANews reported on October 26 that according to monitoring by on-chain analyst Ember, James Fickel, the ETH/BTC exchange rate bull with the largest on-chain position, transferred 20,000 ETH ($50.63M) to Coinbase Prime 7 hours ago.
In addition to selling 2,000 ETH for WBTC to reduce his position as he did in the previous two days, he also redeemed 26,624 ETH ($67.35M) from Lido and transferred 20,000 ETH ($50.63M) of it to Coinbase Prime.
Tether is suspected of being investigated by US prosecutors and sanctioned by the Treasury Department. Tether CEO denies this
ETH falls below $2,400, down 5.33% on the day
BTC falls below $66,000, down 2.64% on the day
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