ChainCatcher reported, citing monitoring by Onchain Lens, that two wallets suspected to be associated with the same whale sold a total of 11,888 ETH. The sale was made at a price of $1,706 per ETH, bringing the total value of the transaction to $20.28 million.
The report identified the wallets as being suspected of links to the same large holder, based on on-chain monitoring. In crypto markets, “whale” is commonly used to describe an address or group of addresses holding a large amount of digital assets, whose transactions are often tracked through blockchain data tools. The disclosed details focus on the amount sold, the sale price and the dollar value: 11,888 ETH, $1,706 per ETH and $20.28 million in total. No additional details were provided in the report regarding the recipient, trading venue or subsequent fund movements.