Whales began to sell their ETH holdings.
Price remained the same, and institutions started to show interest in ETHE.
Ethereum [ETH] price has been soaring upward over the last few weeks. Due to this, many holders that got in early, could try to sell their holdings for a profit.
One major whale had already started selling off its holdings.
Profit taking season
The whale, proficient in the art of swing trading with Ethereum ETH, has recently initiated the selling of ETH. The whale has made a substantial deposit of 3,700 ETH (equivalent to $8.72 million) to the Binance platform.
At present, the whale holds a total of 10,000 ETH, amounting to $23.58 million in value.
The whale, who was good at swing trading $ETH, started selling $ETH.
He/she deposited 3,700 $ETH($8.72M) to #Binance 1 hour ago and currently holds 10K $ETH($23.58M).https://t.co/TBXBbfkV1N pic.twitter.com/scbxXyJeno
— Lookonchain (@lookonchain) December 9, 2023
The whale’s strategic selling of Ethereum could impact the
We współpracy z: https://ambcrypto.com/ethereum-are-whales-moving-away-from-eth/
