๐จ Whale Watch: 97,000 ETH Just Hit Exchanges ๐จ
A long-dormant Ethereum whale has just moved 97,000 ETH (~$376M) into three newly created wallets โ and all funds are now sitting on centralized exchanges. ๐
๐ง Why This Is Big:
This whale has only made three major moves in the past 8 years.
Their last move? Selling near Ethereumโs all-time high at $4,800 in 2021.
Now, with ETH building momentum, the timing feels strategic.
๐ Potential Implications:
Could signal a planned sell-off during a potential bull market.
May be positioning early ahead of expected ETH ETF approvals.
Matches ongoing trends: rising ETH dominance and smart money inflows.
๐ What to Watch:
Market reaction to this movement โ whale activity often sets the tone.
If ETH starts leaving exchanges again, it might be a trap before a rally.
Any correlation with ETH ETF headlines or institutional news.
โณ Final Thought:
This isnโt just a transfer โ itโs a statement.
The last time this whale acted, they timed the top.
Are we witnessing the beginning of another major cycle, or a carefully executed exit?
Donโt ignore the signs.
$ETH may be heading for a pivotal move.
#Ethereum #ETH #WhaleAlert #CryptoNews #BinanceSquare
