According to EmberCN, the leading on-chain data provider, an address withdrew 4700 ETH, equivalent to $7.66 million from the Korean Exchange, Bithumb. The whale behind the withdrawal converted the ETH to WETH and transferred it to a multisig wallet used to purchase PERP. EmberCN also confirmed in the post on X (formerly Twitter) that the The post On-Chain Data Platform Spots Significant Whale Activity on PERP appeared first on Coin Edition .
