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The world of cryptocurrencies was once more taken by storm on Tuesday because the broader market witnessed colossal transactions made by FTX and Celsius, nabbing vital consideration globally. As per on-chain knowledge surfacing over the crypto horizon, the 2 entities collectively moved over 35 million value of WBTC and ETH, garnering world consideration amongst crypto market fanatics.

Notably, as per the information floating inside the market, the 2 our bodies transferred the aforestated tokens to CEXs amid a value surge. This appears to have sparked immense curiosity amongst market fanatics, fueling further inferences for these tokens.

FTX & Celsius Dump WBTC & ETH To CEXs

According to the information revealed by Spotonchain, a platform providing on-chain insights, FTX and Celsius collectively shifted $35.1 million value of WBTC and ETH in the present day, January 9. Moreover, these funds have been transferred to CEXs Binance, Coinbase, and a crypto brokerage and buying and selling agency, FalconX.

Aligning with knowledge unveiled by Spotonchain, FTX and Alameda moved $11.72 million value of WBTC and ETH to Binance and Coinbase. Concerning this, 200 WBTC, value $9.39 million, was moved to Binance at $46,952. Whereas, 1000 ETH, value $2.33 million, was shifted to Coinbase at $2,330.

Meanwhile, the Celsius community unstaked and transferred 10,000 ETH, value $23.39 million, to Coinbase and FalconX at a median of $2,339. Intriguingly, Celsius nonetheless holds 556,927 ETH, amounting to $1.28 billion, staked, with plans to unstake these holdings to collectors.

Also Read: Shiba Inu News: Shiba Inu Burn Rate Skyrockets 900%, Syncing With SHIB Price Rally

WBTC & ETH Prices Surge

As of writing, the Wrapped Bitcoin (WBTC) value showcased a 6.42% surge over the previous 24 hours and is at the moment buying and selling at $46,777.99. Furthermore, its buying and selling quantity additionally famous an outstanding upswing, rising 134.95%, reaching $351.82 million. This outstanding upswing additionally mirrors Bitcoin’s price surge just lately, propelling market optimism for the token.

On the opposite hand, even Ethereum’s price famous an upsurge, rising 3.45 % over the previous 24 hours, reaching $2,311.77. In addition, Ethereum’s buying and selling quantity additionally recorded a major upsurge of 43.55%, which is at the moment evaluated as $12.73 billion.

Also Read: Spot Bitcoin ETF: Unveiling Potential Premiums & Regulatory Hurdles Post Approval

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