๐จ *Whale Alert! Major ETH Move* ๐จ
Hey crypto fam! ๐ง Have you heard about the *whale wallet* thatโs been making huge moves recently? ๐๐ฐ
Hereโs whatโs going down:
A whale wallet holding *over 110,000ETH* (around *235 million*) seems to be *selling offETH* at the moment. ๐ค
- *30,000 ETH* ( *68.55M*) has been transferred from this wallet to *#FalconX * and *#GalaxyDigital * in just the past *14 hours*! ๐ฑ
- Additionally, this wallet has received *7.76M USDC* from *#FalconX*, possibly to *stabilize or lock in profits*. ๐ธ
Some analysts believe this wallet may be linked to *#GenesisTrading*, a well-known crypto firm. ๐ค
Why is this important?
When whales move such large sums of crypto, it often indicates *market shifts* or *big changes*. The sale ofETH might put *downward pressure* on Ethereum's price in the short term, or it could indicate *profit-taking* from large players. ๐จ
Keep an eye on this one, as it could be a signal for future market movements! ๐