Coinspeaker
Ethereum Whales Dump Ether: Are Prices Headed for Steep Decline?
Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, is currently under pressure, facing a period of underperformance compared to other major altcoins like Solana. Despite receiving a boost from Wall Street with the introduction of exchange-traded funds (ETFs), Ethereum has not experienced the same level of price appreciation as some of its peers.
Over the past year, Ethereum’s price has increased by 52%, while Solana has surged by more than 600%. This dismal performance has seemingly diminished the confidence of Ethereum’s largest holders, known as “whales,” who have recently started to offload significant amounts of ETH.
Large-Scale ETH Sell-Offs by Whales
A notable player in this sell-off trend is the Ethereum Foundation, the organization behind the development of Ethereum. Recently, the Foundation transferred 35,000 ETH, worth around $94 million, to Kra
We współpracy z: https://www.coinspeaker.com/ethereum-whales-dump-ether-prices/
