According to @lookonchain, an unknown whale dumped 31,005 ETH worth $92.19M about 6 hours ago, locking in a $18.8M loss over the past two weeks; source: x.com/lookonchain/status/2007061300539777350. According to @lookonchain, the wallet had accumulated 30,838 ETH between Nov 3 and Nov 10 at an average entry of $3,581 for a total of $110.43M; source: x.com/lookonchain/status/2007061300539777350 and intel.arkm.com/explorer/entity/8ebeef24-4cad-4174-9239-340163570d0b. According to @lookonchain, the whale then rotated into gold by spending $14.58M over the past 7 hours to buy 3,299 XAUT at $4,421 each; source: x.com/lookonchain/status/2007061300539777350.

According to Lookonchain, three major Ethereum holders have offloaded a total of 10,895 ETH, equivalent to $36.47 million, within the last three hours. Notably, the wallet jitust.eth transferred 4,669 ETH, valued at $15.65 million, to Binance, incurring a loss of $1.6 million. Additionally, the wallet 0x0945...4Cec sold 4,216 ETH at a price of $3,341 each, totaling $14.08 million, while another wallet, 0x0121...fDb7, sold 2,010 ETH at $3,352, amounting to $6.74 million. These transactions could indicate a potential bearish sentiment among large holders, impacting short-term market dynamics.