A whale has just sold $12.1 million worth of ETH. This is a significant amount of money, and it could have a major impact on the price of ETH. The whale in question is the founder of the Amaranth Foundation, James Fickel. Fickel is a well-known figure in the cryptocurrency community, and he is known for his large holdings of ETH. According to Spot On Chain, Fickel sold 3,500 ETH for 122.67 WBTC 6 hours ago. This sale represents a significant reduction in Fickel's ETH holdings. It is unclear why Fickel has decided to sell such a large amount of ETH. However, it is worth noting that the price of ETH has been falling in recent weeks. It is possible that Fickel is selling his ETH in order to take profits or to reduce his exposure to the cryptocurrency market. Whatever the reason for the sale, it is clear that it is a significant event. The sale of such a large amount of ETH by a major whale could have a major impact on the price of ETH.

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