Ethereum Sell-off Coming? Whales Off-load $40 Million of ETH

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The post Ethereum Sell-off Coming?

Amid this market downturn, whales and Ethereum co-founder Vitalik Buterin have transferred a significant over 15,706 ETH worth $40.13 million in the last 24 hours, as reported by the on-chain analytic firm Lookonchain.

According to Lookonchain’s post on X (Previously Twitter), out of 15,706 ETH, 14,906 ETH were dumped to centralized exchanges (CEXs) including Binance and Coinbase.

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Article Details

Author / Journalist: Zameer Attar

Category: Crypto

Markets: United States

Topics: Price Analysis Crypto news News Ethereum

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-30 @ 14:57:47 (2 days ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 408 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 22308597

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