An Ethereum whale has sold all of its 76,000 ETH, shaking the market shortly before the report. The whale transferred 2,000 ETH valued at approximately 3.66 million USD to Kraken, raising speculation about the motivations behind this significant sell-off after almost ten years.
On the same day, BlackRock reported an increase in its Ethereum ETF holdings by 10,955 ETH, worth around 20.1 million USD. Despite these major transactions, ETH maintains a price of around 1,827 USD, with support at 1,813 USD and potential upward movement if the price holds.
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