🚨 Ethereum Whale Dumps $88M in Just 15 Hours – Is a Market Shake-Up Coming?
A crypto whale holding $5.6 BILLION in $ETH just shook the Ethereum market. The mysterious whale group, “7 Siblings,” sold 19,461 ETH worth $88M in only 15 hours—sending ripples through the crypto community.
Quick Snapshot:
Total holdings: 1.21M ETH (~$5.6B)
Sold recently: 19,461 ETH (~$88M)
Average price: $4,532 per ETH
What This Means for Investors:
1. Profit-Taking Alert: Many short-term ETH holders may follow suit, potentially causing temporary price dips.
2. Market Sentiment Check: A whale selling often sparks fear—but this could also be strategic rebalancing.
3. Long-Term Outlook: Despite the dump, analysts predict ETH could surge to $8,500+ if Bitcoin climbs to $150K, highlighting institutional confidence.
Bottom Line:
This isn’t just another sale—it’s a wake-up call for traders and investors. Keep an eye on ETH price movements; a correction or rally could follow in the coming days.