#Ethereum Whales Dump ETH#
Hot Topic Overview
Overview
Recently, a whale who received 200,000 ETH from the Ethereum genesis block transferred 3,370 ETH, worth approximately $11.37 million, to Kraken exchange in the past 9 hours. This is not the first time the whale has sold ETH. He has transferred 48,687 ETH to Kraken this year, totaling approximately $171.78 million, with an average selling price of $3,528. After 8 years of gradual sales, the whale now has only 7,594 ETH left, worth approximately $25.72 million. It is estimated that 1-2 more sales will be needed to clear all ETH.
Ace Hot Topic Analysis
Analysis
Recently, a whale who received 200,000 ETH from the Ethereum genesis block transferred 3,370 ETH to the Kraken exchange 9 hours ago, attracting market attention. According to on-chain analysts, the whale has transferred a total of 48,687 ETH to Kraken this year, amounting to approximately $171.78 million, with an average transfer price of $3,528. After 8 years of gradual sales, the whale now only has 7,594 ETH remaining, and it is estimated that 1-2 more sales will be enough to clear all ETH. This move has been interpreted as the whale possibly being cautious about the future development of Ethereum, or believing that the current market price is close to its expected target, thus choosing to take profits.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Ethereum whales are gradually emptying their ETH holdings and may completely empty them in the next 1-2 sales.
Whales have transferred a large amount of ETH to Kraken this year, totaling over 48,687 ETH, with an average transfer price of about $3,528.
Whales received 200,000 ETH from the Ethereum genesis block in 2015, and after 8 years of gradual sales, only 7,594 ETH remain.
The whales' emptying of ETH may be related to market trends or personal investment strategies, but the specific reasons are unclear.