$ETH
Wow!
An Ethereum OG just dumped 65,000 ETH in a week,
cashing out $136 million!
Lookonchain data shows that an early Ethereum whale has been aggressively offloading ETH.
In the past 7 days, he sold:
• 55,000 ETH, roughly $112.25 million
• 9,442 wstETH (ETH staking derivatives), about $24 million
That’s nearly 65,000 ETH total, cashing out around $136 million, with an average sell price of approximately $2,041 per coin.
This guy is one of the early core holders of Ethereum, with a super low cost basis, and now he’s unloading big time, which definitely shakes up market confidence.
#ETH
Wow!
An Ethereum OG just dumped 65,000 ETH in a week,
cashing out $136 million!
Lookonchain data shows that an early Ethereum whale has been aggressively offloading ETH.
In the past 7 days, he sold:
• 55,000 ETH, roughly $112.25 million
• 9,442 wstETH (ETH staking derivatives), about $24 million
That’s nearly 65,000 ETH total, cashing out around $136 million, with an average sell price of approximately $2,041 per coin.
This guy is one of the early core holders of Ethereum, with a super low cost basis, and now he’s unloading big time, which definitely shakes up market confidence.
#ETH