#Ethereum Whales Dump ETH#

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A whale who received 200,000 ETH from the Ethereum genesis block in 2015 is gradually emptying its ETH holdings. The whale has transferred 3,370 ETH, worth approximately $11.37 million, to Kraken exchange in the past 9 hours. This year, the whale has transferred 48,687 ETH to Kraken, totaling about $171.78 million, with an average transfer price of $3,528. After 8 years of gradual selling, the whale has very little ETH left, currently holding only 7,594 ETH, worth about $25.72 million. It is expected that the whale will empty its remaining ETH in the next 1-2 sales.

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Analysis

Recently, a whale that acquired 200,000 ETH from the Ethereum genesis block transferred 3,370 ETH, worth approximately $11.37 million, to Kraken exchange in the past 9 hours. This is the 48,687th ETH the whale has transferred to Kraken this year, with a total value exceeding $171.78 million, at an average transfer price of $3,528. According to analysis, the whale has gradually sold most of its ETH over the past 8 years, leaving only 7,594 ETH, worth approximately $25.72 million. It is expected that the whale will clear its remaining ETH in the next 1-2 sales. This move has sparked market attention on the ETH price trend, with some analysts believing that the whale's selling behavior could have a negative impact on the ETH price.

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Ethereum whales are gradually emptying their ETH holdings and have transferred a large amount of ETH to Kraken this year.

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The whale received 200,000 ETH from the Ethereum genesis block in 2015, and after 8 years of gradual sales, only 7,594 ETH remain.

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The whale's emptying of ETH may be for profit or to reduce risk.

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The whale's emptying of ETH may have some impact on the Ethereum market, but the specific impact is unclear.

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