Elwood Technologies Withdraws $75 Million Worth of Ethereum in 24 Hours

IconCryptoNewsTerminal Staff10 Jul, 2024

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Elwood Technologies Withdraws $75 Million Worth of Ethereum in 24 Hours

Institutional crypto risk management platform Elwood Technologies has transferred $25 million worth of ETH from Binance in the last six hours. The total amount of ETH withdrawn by the firm in the last 24 hours stands at $75 million. According to on-chain analyst EmberCN, the address linked to Elwood Technologies has withdrawn a total of 24,463 ETH (approximately $75 million) in the last day.