๐ ETH Whales Selling โ But No Panic! ๐
$ETH 4,269 โผ -1.58%
Over the last 48h, whales moved $40M ETH โ but itโs looking strategic, not fearful.
๐น Key Moves:
โ7 Siblingsโ wallet shifted $47M ETH, sold $17.2M (planned rebalance).
Dormant ICO-era wallet sold 2,300 ETH (~$9.9M) โ bought for <$1 in 2015!
Institutional buyers (FG Nexus: $200M) are absorbing selling pressure.
๐ Why Itโs NOT Panic Selling:
Sales staggered, not dumped.
Mostly profit-taking & rebalancing.
ETH still holding above $4.2K with strong volume.
๐ก Takeaway: Whales are locking profits, not abandoning ship. In bull markets, this often sets up for future accumulation on dips.
#ETH #Ethereum #CryptoWhales #BinanceAlphaAlert
