đ„đ„Corporate Ethereum Whales Are Not FOMO at All: Those Who See the Rise Started Selling! đ„đ„
Corporate whales, who saw the rise of Ethereum (ETH) as an opportunity, started selling.
According to the data of on-chain analysis platform Lookonchain, whales, who saw the increase in the price of ETH as an opportunity, started selling. According to the current data, a wallet connected to market maker Cumberland transferred 11,800 ETH ($31.88 million) to Coinbase on September 28.
However, the sales were not limited to Cumberland. ParaFi Capital, another institutional cryptocurrency investor, withdrew 5,134 ETH ($13.83 million) from Lido Finance on the same date and deposited these assets to Coinbase Prime.
The wallet addresses that carried out the transactions were recorded as â0xe287..217b5â and â0xE7dBE..09Bâ, respectively.
After these movements of the whales, all eyes turned to the performance that Ethereum will show in the coming days. Developments in this process continue to be an important subject for investors to follow.
Ethereum, which has increased by 1% in the last 24 hours, is being traded at $2,643 at the time of writing.
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