June 8, 2025

Elwood’s Ethereum Activity Fuels Debate as ETH Price Nears $3,100

1 min read

Global fintech firm Elwood has been executing significant Ethereum (ETH) transfers to and from Binance in recent days, prompting speculation about the firm’s strategic motives and potential market impact. Data from blockchain analytics platform Lookonchain confirmed that Elwood deposited 26,811 ETH, valued at approximately $83.17 million, into the crypto exchange within the last three days. The post Elwood’s Ethereum Activity Fuels Debate as ETH Price Nears $3,100 appeared first on Coin Edition .

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