A significant crypto whale has made a substantial transfer of Ether (ETH) to five major cryptocurrency exchanges in what appears to be an effort to sell their holdings.
The transfers involve 6,000 ETH worth approximately $16.1 million being deposited onto OKX, Kraken, Gate, Bybit, and Binance.
This move places a substantial amount of Ether on these platforms where it can be easily sold.
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