Two big ones who have long been still still Ethereum (ETH) $2,598.56 His whale sold a high amount of Coin. A Ethereum OG (user from the first days) sold 501 ETH (about $ 1.29 million) this week after two years of silence. In addition, another major investor participated in the Ethereum ICO in 2014 and has been still in motion for about 10 years, and sold all of its 2,000 ETH (approximately 5.13 million dollars) to the Binance Exchange. This mobility coincided with the decrease in ETH price and the output of Spot Ethereum ETFs.
Large sales from long -term inactivity
Ethereum ICO participant in 2014, an investor for about ten years without any transaction in his wallet 2 thousand units EthHe recently transferred to the Binance Exchange. After this transfer, all ETHs were sold. The total value of the sale is approximately 5.13 million dollars.
The other major investor, known as “Ethereum OG ,, took action again after a two -year period of inactivity. In this week, he first sold 1 ETH as a test process, then made a larger sale of 500 ETH ($ 1.29 million). In the past, this investor is known to have made two major sales of 2,286 ETH and 1,500 ETH in 2023.
Big -scale sales in question Ethereum priceIt coincided with a period of significant fluctuation. ETH, on Sunday with an increase of 6.65 percent of the 2 -bi 680 level of the level of more than 5 percent, lost more than 5 percent and is currently traded at the level of about 2 thousand 580 dollars.
Ethereum ETFs
On the other hand, in the USA Spot Ethereum ETFMonday, June 16, was an important fund output. In total, a net output corresponding to almost 10 million dollars (3 thousand 748 ETHS) was recorded.
Largest output Fidelity Ethereum Fund EtfIt was from it. 3 thousand 496 ETHs (about 9.04 million dollars) were withdrawn from the fund. INVESCO Galaxy Ethereum ETF‘s 172 ETH (444 thousand 392 dollars) output was the output.
Grayscale Ethereum Trus78 ETH from T, Grayscale Ethereum Mini TrustOnly 2 ETH outputs. All other Spot Ethereum ETFs were recorded as zero net entrance. However, despite a single -day net output, the net positive input effect continues on a weekly basis and a total of 191 thousand 57 ETH entrances of 191 thousand 57 ETH entrances are in question.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
