In the last 12 hours, two major Ethereum whales went on a selling spree. Despite the price of Ethereum rising by 3% to reach $2675, these whales decided to exit the bull run.
One of the sellers was an early ICO participant, while the other whale's wallet is linked to the bankruptcy of Genesis Trading. Together, they transferred a total of 8,510 ETH, valued at approximately $21.9 million.
This significant movement of Ethereum by high-profile investors could foreshadow market changes or signal strategic financial maneuvers.
