Ethereum, the world’s second largest crypto price dropped by more than 8% in the last 24 hours. However, this עטהערעום פּרייַז מאַך has motivated the crypto whales to add more ETH to their holdings.
ETH price tanks; Crypto whales add
As per the Whale Alert data, Crypto whales have moved around 400K Ethereum from the crypto exchanges. More than $445 million worth of Ethereum was moved to multiple unknown wallets amid the price dump.
The data depicts that whales moved around 300k Ethereum (worth approx $333 million) from Upbit, a crypto exchange to different wallets. However, the ביגאַסט טראַנסאַקטיאָן רעקאָרדעד by the tracker has been of adding $129.1 million worth of ETH from the same exchange.
However, A whale accumulated 99.99K Ethereum from the Bitifinex crypto exchange. The transaction worthed around $112.4 million.
This whale accumulation has come amid the massive Ethereum Price drop. ETH price is down by 12% in the last 7 days. ETH is trading at an average price of $1,128, at the press time. However, its 24 hour trading volume is up by a whopping 103% to stand at $11.9 billion. ETH’s market cap stands at around $137 billion.
די דערלאנגט אינהאַלט קען אַרייַננעמען די פערזענלעכע מיינונג פון די מחבר און איז אונטערטעניק צו די מאַרק צושטאַנד. טאָן דיין מאַרק פאָרשונג איידער ינוועסטינג אין קריפּטאָקוררענסי. דער מחבר אָדער די ויסגאַבע איז ניט פאַראַנטוואָרטלעך פֿאַר דיין פערזענלעכע פינאַנציעל אָנווער.
Source: https://coingape.com/ethereum-price-nearly-400k-eth-moved-by-whales/