Ethereum Whale Pulls $8.77M From Major Trading Firms
A significant Ethereum whale withdrew approximately $8.77 million in ETH from four major trading firms and exchanges within an hour, as reported by Onchain Lens.
The withdrawals were made from Coinbase, Galaxy Digital, FalconX, and Cumberland at a time when the price of Ethereum was hovering around $1,881 per coin.
This event occurred while Ethereum was priced significantly below its all-time high of $4,946 recorded on August 24, 2025, representing about a 62% decrease in value.