Ethereum Whale Sells 5,368 ETH for $14.7M in Two Hours
A whale, a large Ethereum holder, has made a significant sale of 5,368 ETH for $14.7 million on-chain over the past two hours.
This transaction represents a $1.7 million gain in just five days after purchasing the tokens for $13 million at $2,422 per ETH.
The whale's selling pressure has caused some concern among Ethereum price prediction models, which may be adjusting their targets accordingly.