In the past 16 hours, a whale, identified by the main wallet 0x22162dbba43fe0477cdc5234e248264ec7c6ea7c, made headlines by unloading a massive 585,944 ETHFI tokens, valued at $1.06 million. This marked the whale’s largest sell-off to date, averaging a price of $1.81 per token.
In the latest wave, the whale sold 316,964 ETHFI tokens worth $574,000 for 219.91 ETH, all within a two-hour window. The transaction flowed from a sub-address 0x267ed5f71ee47d3e45bb1569aa37889a2d10f91e, which had received the tokens directly from Ether.fi.
As of now, the whale’s wallets are drained of ETHFI, signaling a potential shift in market dynamics for the token.