POAP founder Patricio Worthalter has deposited $45.86M in ETH to Gemini over 9 days, signaling potential large sell pressure.
Macro & Markets ·
Patricio Worthalter, founder of POAP Protocol, has deposited 18,000 ETH valued at $45.86 million to Gemini over nine days, with a recent transfer of 10,000 ETH worth $25.05 million. According to https://arkm.com/explorer/entity/patricio-worthalter, Worthalter maintains combined holdings of 20.964K ETH and 19.994K WETH totaling $102.92 million, while his exchange deposits across platforms have reached $89.79 million with Gemini receiving $38.19 million of that amount.