In a major onchain move today, a veteran Ethereum whale has sold 6,581 $ETH worth a staggering $27.38 million at a price of $4,161 per ETH.
This largescale selloff has caught the attention of traders and analysts across the crypto space. Whale transactions of this magnitude often spark debates about market sentiment, potential price corrections, or strategic profit-taking before key events.
📊 Key Details:
Amount Sold: 6,581 ETH
Total Value: $27.38M
Price per ETH: $4,161
Whale Status: Veteran holder with previous highvolume trades
Some market watchers see this as a potential shortterm bearish signal, while others believe it could simply be a strategic portfolio rebalance ahead of Ethereum’s next big catalyst.
With Ethereum’s price still holding near the $4,100 level, all eyes are on whether this whale move will trigger further selling pressure or if the market will absorb the shock and push higher.
🔎 Market Impact Watch:
Will retail traders panic sell?
Could this be the top before a pullback?
Or just another day in whale strategy?
Stay tuned for further on-chain updates as this story develops.#Ethereum#ETH#EthereumWhale #CryptoNews #BreakingNe ws #WhaleAlert #CryptoMarket #Blockchain #EthereumPrice #CryptoTrading #BinanceSquare #ETHPrice #CryptoInvesting #WhaleMoves #CryptoUpdate