Ethereum Whale Sells 3,000 ETH, Potential Price Impact
10/24/2024 9:04:46 AM
According to Lookonchain, an Ethereum ICO participant has recently sold 3,000 ETH, valued at approximately $7.64 million. This sale occurred just 55 minutes ago. Previously, on July 1, this same whale sold 7,000 ETH for $24.28 million, which was followed by a nearly 15% drop in ETH's price. The whale initially acquired 254,908 ETH during the Ethereum ICO at a cost of $79,000, which is now valued at $646 million. Traders should monitor ETH price movements closely as similar sales have historically impacted the market. (Source)
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