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Dormant Ethereum Whale Dumps $224M Tokens, Has ETH Price Topped?

source-logo  coingape.com 22 November 2024 22:27, UTC
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In an unprecedented event, a dormant Ethereum whale caused a stir across the broader market on Friday, heavily dumping tokens amid the hovering bullish sentiment. Recent data pointed out that the whale dumped nearly $224 million worth of tokens, raising price drop concerns among crypto enthusiasts globally. Despite that, $ETH price soared today, setting off waves of speculation over future movements across the industry.

coingape.com