The market declines again, and the whale that rebounded and accumulated $14.54 million worth of ETH on 02.26 is now reducing its holdings.

ETH8,82%

Odaily Planet Daily reports that according to Ai Aunt Monitoring, the market has declined again. A major whale who rebounded and accumulated on 02.26 is now reducing their holdings. An hour ago, they sold 4,000 ETH on-chain at an average price of $2,077.39 (worth $8.309 million). Their previous accumulation price was $2,075.45, so this sale only netted a profit of $7,760. They still hold 3,008 ETH on-chain.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Ethereum spot ETF saw a net inflow of $9.4404 million yesterday, with BlackRock’s ETHB recording a daily inflow of $5.7776 million

On April 13, Ethereum spot ETF net inflows reached $9.4404 million, rising for three consecutive days. Among them, the BlackRock Staked ETH ETF had the largest net inflow, at $5.7776 million, bringing its historical total net inflows to $383 million. At the same time, Grayscale’s Ethereum mini trust ETF also performed well, with net inflows of $5.1508 million. Overall, Ethereum spot ETFs’ net assets were $12.98B.

GateNews2h ago

Bitmine Upgrades to the NYSE Main Board! Tom Lee: US stocks may have bottomed out, and selling pressure on Ether could ease

Bitmine has officially moved from the New York Stock Exchange U.S. board to the main board, marking a major milestone for the company. Despite a sharp drop in the stock price, it has still increased the share repurchase plan to $4.0 billion. The company holds a large amount of Ethereum, and expects that a rebound in the crypto market will help strengthen its assets and stock price performance.

CryptoCity2h ago

Bitmine added more than 70k ETH this week, with its holdings surpassing the 4% threshold of the circulating supply.

Ethereum Treasury Company Bitmine recently increased its holdings by 71,524 ETH, bringing its total position to about 4.87 million ETH, nearing its 5% target. Despite having $6.0 billion in paper losses, Bitmine still has $11.8 billion in total assets, and defines ETH as a “wartime value storage method.” This move reflects its confidence in Ethereum’s long-term value.

MarketWhisper2h ago
Comment
0/400
No comments