The Ethereum ($ETH) market is experiencing contrasting whale activity, with some offloading at significant losses while others seize opportunities to accumulate during the downturn. Whales Dump ETH at a Loss In a striking move, three wallets—likely controlled by the same whale—sold 10,070 ETH for $33 million in DAI at $3,280 nine hours ago, incurring a $1 million loss. This whale had previously withdrawn 24,029 ETH ($81.3M) from Binance via 10 new wallets three weeks ago and now holds 13,959 ETH ($45.48M). Whales are dumping $ETH at a loss! 9 hours ago, 3 wallets(likely belonging to the same whale) sold 10,070
The post Ethereum Whales Selling at a Loss While Others Accumulate Amid Market Turmoil appeared first on The Merkle News.