Ethereum

<ul class="news-points">
 <li><strong>Large ETH transfers follow the SEC closing its Ethereum 2.0 investigation.</strong></li>
 <li><strong>The Ethereum staking contract sees an inflow of funds after regulatory clarity.</strong></li>
 <li><strong>ETH price increases by 5%, reflecting positive market sentiment.</strong></li>
</ul>
<p>Massive Ethereum (ETH) transfers to and from centralized exchanges have followed a crucial regulatory development, stirring excitement within the crypto community.</p>
<p>Whale Alert, a blockchain tracking platform, highlighted these transactions in several posts on X (formerly Twitter). One report detailed the transfer of 16,000 ETH, valued at over $56.86 million, from the Binance exchange to the Binance Beacon Deposit address at 06:31 UTC today.</p>
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> 16,000 <a href="https://twitter.com/hashtag/ETH?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#ETH</a> (56,856,770 USD) transferred from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> to Binance Beacon Deposit<a href="https://t.co/3B4mPSg2j5" target="_blank" rel="noopener noreferrer nofollow">https://t.co/3B4mPSg2j5</a></p>— Whale Alert (@whale_alert) <a href="https://twitter.com/whale_alert/status/1803314764556169527?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 19, 2024</a>
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<p>Etherscan <a href="https://etherscan.io/address/0xbdd75a97c29294ff805fb2fee65abd99492b32a8" target="_blank" rel="noopener noreferrer nofollow">data</a> showed that after the 16,000 ETH inflow, the recipient address transferred the entire amount to the Ethereum Beacon Deposit Contract in multiples of 32 ETH. A total of 500 such transactions occurred in the last few hours.</p>
<p>These transactions followed closely after the SEC <a href="https://coinedition.com/sec-backs-down-on-ethereum-but-consensys-isnt-backing-out/" rel="noopener noreferrer nofollow">closed</a> its investigation into Ethereum 2.0. This move indicates …</p>
<p>The post <a href="https://coinedition.com/massive-eth-staking-influx-signals-renewed-investor-confidence/" rel="noopener noreferrer nofollow">Massive ETH Staking Influx Signals Renewed Investor Confidence</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Massive ETH Staking Influx Signals Renewed Investor Confidence

Coin Edition

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