The whale holding 100,000 ETH, with the ID #国会议员交易限制 , recently sold 632 ETH, worth about 1.04 million USD. Although the amount is not large, this whale has been selling every two days lately, having cumulatively sold 4,812 ETH since April. Up to this point, everything seems normal, but here comes the key point: this whale's cost for ETH back in the day was only 0.31 USD. They still hold 30,189 ETH.

Another ETH whale almost got liquidated while going long, but has cleared their position, holding around 64,792 ETH at the time of closure, leaving 688 ETH remaining, with the rest already sold into the market.

Will they sell more? Will ETH remain under pressure? Yes! But will it be now? Not necessarily.