#Ethereum Whale Continues $1M Sell-Off Amid Market Consolidation
The early Ethereum investor dubbed ‘2015 ICO 100,000 ETH OG’ has sold another 612 ETH ($1M), acquired at $0.31 per token. With 29,577 ETH ($47.98M) remaining, the investor is liquidating approximately 630 ETH every two days, potentially completing the sell-off within three months. Currently, Ethereum trades at $1,633.90, with forecasts suggesting consolidation between $1,550 and $1,750 in the near term. $ETH
Ethereum Faces Bearish Pressures Amid Whale Sell-Offs and Market Uncertainty
Ethereum’s price hovers around $1,636.97, reflecting a 0.31% increase, yet the market sentiment remains predominantly bearish. A significant factor contributing to this outlook is the ongoing sell-off by early investors. Technical indicators reveal that 86% signal bearish trends, with a Fear & Greed Index score of 31, indicating ‘Fear’ . Additionally, Ethereum has experienced a 51.3% decline since the start of 2025, intensifying investor concerns.
