FTX and Celsius Move $35 Million Worth of WBTC and ETH to CEXs Amid Price Surge

FTX and Celsius made significant transactions of over $35 million worth of WBTC and ETH, which garnered global attention among crypto market enthusiasts. The two entities transferred the tokens to CEXs amid a price surge, sparking immense curiosity among market fanatics. FTX and Alameda moved $11.72 million worth of WBTC and ETH to Binance and Coinbase, while Celsius network unstaked and transferred 10,000 ETH, worth $23.39 million, to Coinbase and FalconX. As a result, the prices of WBTC and ETH surged, with Wrapped Bitcoin showcasing a 6.42% surge and Ethereum's price noting an upsurge of 3.45% over the past 24 hours.