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Crypto

Ethereum Whale Withdraws $10 Million in One Transaction

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ETH
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Whale 0x8447 made headlines by withdrawing 5,300 ETH from Kraken. The transaction was worth around $9.98 million at current prices.

The price of Ethereum currently sits at $1,876 amid a neutral RSI and bullish MACD on the 4-hour chart.

Experts are monitoring this whale's activity closely as it pulls out large amounts of ETH from exchanges. This pattern has been observed over the past year, with large holders accumulating ETH.

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