Whales Are on Sale in Ethereum! The Whale That Bought ETH at $6 and a Corporate Giant Whale Are on the Move! Here Are Their Transactions…

Ethereum has been performing poorly compared to Bitcoin for most of the year, but has made a comeback in recent days.

At this point, as the ETH price rose above $3,350, whales also took action and sold.

According to Lookonchain's post, the Ethereum whale that has been sleeping for about 8 years woke up and sold $224 million worth of ETH.

The whale, who bought ETH at an average cost of $6, started selling on November 7 and has sold 73,356 ETH worth $224 million so far.

He still has 325,533 ETH worth $1.1 billion.

“A whale who accumulated 398,889 ETH (currently worth $1.34 billion) at an average price of $6 is selling ETH again.

This whale accumulated 398,889 ETH (worth $2.4 million at the time) between January 18 and March 10, 2016, at an average cost of around $6.

After being dormant for over 8 years, the whale became active again on November 7th and started selling ETH.”

Apart from this whale, Cosmos developer Interchain Foundation also sold Ethereum.

Interchain Foundation deposited 3,000 ETH worth $10.16 million into Coinbase Prime today, according to on-chain analyst EmberCN.

The Interchain Foundation raised these ETH assets through an ICO in April 2017.

Since the end of April this year, the foundation has sold a total of 21,600 ETH (worth $55.97 million) at an average price of $2,591.

He currently still holds 383.8 Bitcoin and 23,587 Ethereum.

*This is not investment advice.

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