ETH Whale Sells 5,000 ETH and Continues Deposits into Kraken | Flash News Detail | Blockchain.News

ETH Whale Sells 5,000 ETH and Continues Deposits into Kraken

10/3/2024 3:34:36 PM

ETH Whale Sells 5,000 ETH and Continues Deposits into Kraken

According to Lookonchain, a significant Ethereum ($ETH) holder has sold another 5,000 ETH, valued at approximately $11.74 million. This whale has been actively withdrawing from staking, with a total of 17,135 ETH ($39.75 million) withdrawn. Since March 12, the whale has deposited 16,750 ETH ($53.66 million) into the Kraken exchange. This activity suggests a strategic move by the whale, possibly indicating a bearish sentiment or a shift in investment strategy. (Source)

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