Posted 12/17/2023, 12:46:00 PM
Ethereum Whale Awakens After Year of Dormancy, Sells $4M in ETH Amid Price Slump
- Ethereum whale dormant for 1 year begins selling off coins as ETH loses momentum, has sold 18,865 ETH for $4M so far
- Whale has 5,588 ETH ($12.5M) remaining according to blockchain data tracker Lookonchain
- Over 8M LINK worth $119M deposited from noncirculating wallets into Binance exchange
- Deposits timed around LINK price bottoms every 3 months since August 2022
- One BONK trader lost $46K on November 1 but made $4.4M profit on December 15 per Lookonchain data