As cryptocurrency markets experience a dip today, Ethereum (ETH), the second-largest cryptocurrency, has seen a decline of over 4%, currently trading around $2,541. Despite this downturn, recent on-chain data from Spotonchain highlights significant activity involving an Ethereum whale. An Ethereum whale recently executed a substantial move, transferring approximately 12,070 ETH to Coinbase, one of the leading cryptocurrency exchanges. The move has garnered attention, particularly considering the broader market conditions and price fluctuations. An interesting development noted by Spotonchain involves cVault Finance, where the deployer realized an impressive $16.1 million profit, marking a substantial 109% gain from ETH before the price
The post Ethereum Whales Execute Strategic Moves Amid Market Dip, Monitor These Transfers appeared first on The Merkle News.
