A Long-Dormant Ethereum Whale Just Moved 97,000 $ETH
(~$376M)
A previously inactive Ethereum whale has resurfaced, transferring 97,000 ETH to three newly created wallets. All the funds are now sitting on major exchanges.
Why This Matters:
This whale has made just three significant moves in the past eight years.
The last major activity? Selling near Ethereum’s 2021 peak around $4,800.
The current setup is drawing comparisons to that previous pattern.
What Could Be Unfolding:
A gradual sell-off during an anticipated bull run.
Well-timed positioning ahead of potential ETH ETF developments.
Movement coincides with rising ETH dominance and smart money accumulation.
Bottom Line: Ethereum isn’t just moving—it’s strategically positioning. This whale activity may be the early signal of a larger market shift. Stay alert.
#WhaleAlert #CryptoNews