Ethereum whales' profit-taking has stirred discussions about its potential effects on the rising bullish market sentiment. As long-term holders reengage with their assets, Ethereum has led to significant market gains.
Ethereum whales offload significant holdings as ETH surpasses $2,800, taking profits. Key participants have sold 33,701 ETH totaling nearly $90 million.
Ethereum whales are now interested in Mpeppe (MPEPE), a new token seen as a strong rival to Playdoge (PLAY).
Mpeppe (MPEPE), a memecoin, is gaining momentum among Ethereum whales, challenging Playdoge (PLAY). The socially conscious approach of Mpeppe (MPEPE) and its focus on community building and positive change is attracting significant investment, marking it as a strong competitor in the crypto space.
An Ethereum whale sold 15,000 ETH during a price surge, securing a $40 million profit.
Ethereum's price might see significant changes with the Ether ETF launch, though whale activity suggests potential sell pressure.