An Ethereum whale made a substantial profit of over $4 million within just 9 days, highlighting the volatile nature of the cryptocurrency market. The price of Ethereum experienced a significant drop of 8% in the last 24 hours.
This price decrease occurred even amidst the ongoing "Devcon 2024", a notable event in the Ethereum community.
The whale, identified by the wallet address "0x49e", withdrew 8,001 Ethereum valued at $25.36 million from Binance, a prominent cryptocurrency exchange.
This activity by the whale showcases the dynamic and often unpredictable movements within the crypto space, where significant profits can be earned rapidly.
