Ether $ETH has decreased by 13.57% over the past week. ETH was unable to hold above $4,000, ultimately dropping below $3,400. As with Bitcoin, bulls dominated the first half of the week, while bears took control in the second half.
The current price decline has forced whales to sell Ether to pay off debts. One whale transferred 22,746 ETH ($77.7 million) to the Binance exchange in the last five hours and withdrew stablecoins for debt payments on Spark and Aave. In total, this whale transferred 31,968 ETH ($122.3 million) to Binance over the past two days.
Or here's another message:
"A whale transferred 49,910 ETH ($170 million) to Binance and withdrew $137.8 million in stablecoins from the same exchange in the last eight hours."$BTC $SOL #2024withBinance