Ethereum Whale Dumps $25 Million After Price Surge
An Ethereum whale has made a significant move in the market, depositing $25 million worth of Ether to cryptocurrency exchanges.
The transfer was spotted by on-chain analyst ai_9684xtpa, who reported that 10,887 Ether was deposited since August 19.
This is an apparent profit-taking measure, as Ether's price has risen 4.87% in the last day to $2,371.