Whale Converts 2364 ETH to USDT in 35 Hours

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A prominent whale has recently converted a substantial amount of ETH to USDT, potentially signaling a shift in market sentiment and a possible correction in the near future.

According to Odaily, monitoring data from Spot On Chain reveals that over the past 35 hours, a significant whale has converted 2,364 ETH into 5.44 million USDT. The average price for these transactions was $2,302 per ETH, and the process involved 27 smaller trades, each consisting of 87.56 ETH. Currently, the whale still holds 14,272 WETH, valued at approximately $33 million.

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