Giant Whale Awakened from Its 3-Year Sleep for Ethereum: Is There a Selling Coming?

The giant cryptocurrency whale took action for Ethereum (ETH) after 3 years of silence.

Reported by on-chain analysis platform Spot On Chain to data According to a whale that has been waiting motionless for 3 years, March 6 woke up on the day.

Whale became a cryptocurrency exchange after this long wait. to Bitfinex worth $39 million Transferred 10 thousand Ethereum. This transfer transaction was interpreted as a preparation before the profit sale.

The whale in question was discovered in January 2021. $1,386 at cost $153 million worth 110 thousand Ethereum had bought it. In his wallet after the transfer he made today $385 million worth 100 thousand Ethereum remained. Average profit of whale $270 million wandering around the level.

According to CoinGecko data, in the last 24 hours 4% up Ethereum exhibiting, at the time of writing from $3,897 is being traded.


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