The Business & Technology Network
Helping Business Interpret and Use Technology
S M T W T F S
 
 
 
 
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
 
 
 
 
 
 
 
 
 
 
 
 
22
 
23
 
24
 
25
 
26
 
27
 
28
 
29
 
30
 

Ethereum Whale Sells Over 59,739 ETH Amid Recent Price Rally

DATE POSTED:November 11, 2024
Ethereum Whale Offloads $85M ETH, Realizes 810x ROI

The post Ethereum Whale Sells Over 59,739 ETH Amid Recent Price Rally appeared first on Coinpedia Fintech News

Amid the recent surge in Ethereum, which briefly crossed above $3200, a giant whale is coming back to sell its ETH tokens, holding 398,891 ETH tokens worth $1.28 billion. The whale has recently offloaded 46,853 ETH tokens in exchange for 138.8 million USDC at an average price of $2,920 since November 7. Recently, the whale transferred another batch of 12,886 ETH tokens worth $41.24 billion in preparation for sale. The whale continues to hold 352,036 ETH tokens worth $1.27 billion.