Whale Alert: 76,000 ETH Whale Suddenly Moves, Is the Market About to Shake?
On-chain data shows: a whale account from a 2015 ICO that obtained 76,000 ETH has deposited 2,500 ETH to Kraken in the past 14 hours, worth approximately $4.59 million at current prices, with a cost of only $0.31 per ETH, definitely a super profit.
What’s more concerning is that this account still holds 13,500 ETH, and a future dump could trigger market turbulence at any time! This is the first significant movement from this long-silent whale, and the signal cannot be ignored.
Opinion: The selling off by such old whales often serves as a “catalyst” for market sentiment. Although ETH is currently stable, a wave of selling could immediately ignite market volatility. Everyone must be vigilant, on-chain monitoring should be maximized, and don’t be caught off guard by a surprise attack!