Giant Ethereum ICO Whales Continue Selling 494 ETH, Exceeding Million Dollar Market Value
Publication Time:2024-09-05 10:19:07
In the cryptocurrency market, a participant known as a 'whale' in the industry, referring to large investors who participated in the initial coin offering (ICO) stage of Ethereum, has recently continued making significant sell-offs from their cryptocurrency wallet. According to the latest data, this investor has been continuously selling approximately 494 Ethereum (ETH) over a certain period of time, which equates to roughly $1,210,000 in market value. Despite these actions, the wallet still holds a considerable amount of Ethereum, with a total value of $36,000,000. These series of actions have drawn widespread attention in the market and once again highlight the significant impact that large investors have on price fluctuations in the cryptocurrency market.
Ethereum
Cryptocurrency
Whale
ICO
Selling