BlockBeats, citing Lookonchain, reported on Sept. 1 that a mysterious Ethereum whale is selling off 167,855 ETH, a position valued at roughly $408 million. The whale received that amount from multiple wallets and has started moving the coins into exchanges. Over the past two days, 70,739 ETH worth approximately $174 million have been deposited to several trading platforms. After those deposits, the same whale still holds 97,115 ETH, worth about $237 million. The on-chain data shows the whale received the full 167,855 ETH from multiple wallets before beginning the transfers. Lookonchain flagged the wallet activity, and BlockBeats published the monitoring result on Sept. 1. The amount sent to exchanges over the two-day period is about 42% of the total ETH received, leaving roughly 58% still in the whale's wallets. Even after the deposits, the leftover position is worth more than $200 million. The exact identity of the whale and the platforms that received the deposits were not disclosed in the alert. All figures are denominated in U.S. dollars based on the monitoring data.
BlockBeats reported on Sept. 1 that blockchain monitor Lookonchain has flagged a mysterious Ethereum whale unloading a large position. The whale received 167,855 ETH from multiple wallets and has begun moving the funds to exchanges, with the total amount worth about $408 million.
Over the past two days, the whale has deposited 70,739 ETH worth approximately $174 million to several trading platforms. It still holds 97,115 ETH, valued at around $237 million, according to the monitoring data.
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