Large-scale fund movements by major investors have been detected on the blockchain. PANews reports that the "1011" wallet, known for its association with flash crashes, has newly deposited 112,894 ETH (approximately $340 million) into Binance, as revealed by Lookonchain's monitoring analysis.
This wallet holds a total long position of $749 million across three major cryptocurrencies: BTC, ETH, and SOL, and is closely watched by market participants. The recent large deposit is seen as part of this major investor’s strategic asset allocation.
The activity of this wallet, linked to flash crashes, could serve as an important signal indicating changes in overall market capital flows. Attention is focused on how this may influence future price movements and market sentiment.
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Large-scale fund movements by major investors have been detected on the blockchain. PANews reports that the "1011" wallet, known for its association with flash crashes, has newly deposited 112,894 ETH (approximately $340 million) into Binance, as revealed by Lookonchain's monitoring analysis.
This wallet holds a total long position of $749 million across three major cryptocurrencies: BTC, ETH, and SOL, and is closely watched by market participants. The recent large deposit is seen as part of this major investor’s strategic asset allocation.
The activity of this wallet, linked to flash crashes, could serve as an important signal indicating changes in overall market capital flows. Attention is focused on how this may influence future price movements and market sentiment.