🚨 The ancient giant whale strikes again, is ETH about to face selling pressure?
An ancient giant whale that entered during the 2015 ICO period has just transferred 10,000 ETH (approximately $19.69 million) to a certain address, suspected to be preparing for a sale!💰
📊 In the past month, this giant whale has sold 3,000 ETH, cashing out $6.978 million.
What’s even more exaggerated is that it still holds 215,008 ETH (worth $424 million), with a cost as low as $0.31!⚡ Selling just a little would result in astronomical profits!
🔍 Impact Analysis:
✅ In the short term, the market may face some selling pressure, and we need to pay attention to whether ETH shows any unusual movements.
✅ In the long term, institutional adoption and staking demand for ETH are still growing, making large-scale dumping less likely.
✅ A deeper thought: the selling off by old players may signify that new funds are stepping in, and the market landscape is changing!
Whale selling: is it a short-term risk or a long-term opportunity? What do you think? Let’s discuss in the comments! 📢🔥
