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Whales Moving ETH Holdings To Exchanges, Is Crash Below $1500 Imminent?

source-logo  coingape.com 26 August 2023 18:16, UTC

In a series of high-profile transactions, a significant amount of Ethereum (ETH) has been on the move, raising eyebrows and triggering debates across the crypto community. According to Whale Alert, a prominent tracker of blockchain transactions, a staggering 15,000 ETH (valued at around $24.7 million) was recently transferred from an unknown wallet to Gate.io, followed by an even larger transaction of 21,299 ETH (equivalent to approximately $35.2 million) sent from another unknown wallet to Coinbase.

coingape.com