Ethereum Whales Trigger Massive Sell-Off Sending ETH Price Plummeting

Tuesday, 18 June 2024, 11:19

In a surprising turn, a large Ethereum whale unloaded $35.4 million worth of ETH causing prices to dip below the $3,500 mark. This move hints at a possible change in sentiment among ETH's long-term investors.

Be in Crypto — Ethereum Whales Trigger Massive Sell-Off Sending ETH Price Plummeting

Key Points:

Overview: A significant Ethereum whale made a massive sell-off of $35.4 million in ETH.

Impact: Prices plummeted under $3,500, indicating a shift in sentiment among long-term holders.

Conclusion: The sell-off by the whale highlights potential turbulence in the Ethereum market.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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