$ETH The whale has sold another 8,500 ETH, worth $38.15M DAI, since yesterday.
In total, this whale has now sold 11,575 ETH for $51.4M DAI at an average price of $4,440. Despite the large sales, the whale still holds 6,710 ETH, valued at $27.6M.
What’s your take – will this wave of heavy selling continue to pressure ETH’s price, or is the whale simply securing profits while keeping a meaningful position?