According to monitoring by the on-chain analytics platform Lookonchain (@lookonchain), an Ethereum OG whale has continued selling ETH. The whale, 0xB3E8 (who started trading ETH 8 years ago), deposited 13,083 ETH (worth $43.35 million) into Gemini over the past two days. He still holds 34,616 ETH (worth $115 million) at present.
Ethereum OG Whale Deposits 13,083 ETH Worth $43.35M on Gemini
TechFlowShare
Summary
Ethereum's price experienced a significant movement as OG whale 0xB3E8 deposited 13,083 ETH ($43.35M) on Gemini over two days, according to Lookonchain. The whale, who has been actively involved in ETH analysis for eight years, still holds 34,616 ETH ($115M). The deposit occurred amid ongoing ETH price consolidation. On-chain data indicates no immediate selling pressure from the address.
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