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Is this organization dumping ETH?
A whale, believed to be associated with Arthapala, is reportedly offloading a large amount of Ethereum (ETH) onto the market.
Specifically, this whale wallet has held at least 155,837 ETH, worth up to $408 million. Since June 10, these wallet addresses have started transferring ETH to various exchanges.
120,918 ETH (~$317 million) has already been sent to exchanges
34,919 ETH (~$91.6 million) remains in the wallet and could potentially be moved next
However, despite this kind of news, ETH is still holding a solid accumulation range around $2,600.
#Ethereum # ETH #WhaleAlert # Arthapala #ETHDump