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Over $13 million USD in ETH transferred to DBS - What's happening?
The latest on-chain tracking data shows a notable movement: in the past 48 hours, GSR has transferred over 4,400 ETH ( worth approximately $13.2 million USD ) to DBS Bank. Among these, the most recent ETH transfers reached nearly 2,000 tokens, valued at approximately $5.93 million USD.
This information, closely monitored by blockchain analysts, allows the investor community to track major movements on the network. Large-volume transactions like these often signal institutional activity or changes in asset management strategies.
Movements like these on the blockchain are not just mere statistics—they reflect real decisions by major organizations in the market and could indicate further developments in ETH trading activity or fund management strategies in the coming days.