Major Ethereum Whale Dumps 10,000 ETH After 2 Years, Is It Time To Get Out?
An Ethereum whale sold 10,000 ETH after holding for over 900 days, realizing a profit of $2.75 million as the price fell below $1,500. The whale originally purchased the ETH for $12.95 million at an average price of $1,295. This sale coincides with a broader trend, as ETH whales have offloaded over 500,000 coins in 48 hours due to a significant market crash linked to Donald Trump's tariffs, which have intensified trade tensions with China. Another entity, possibly linked to Donald Trump’s World Liberty Financial, sold 5,471 ETH at a loss, having previously bought 67,498 ETH for $210 million. Analysts predict further declines in Ethereum's price, with potential support around $1,200. Currently, Ethereum trades at approximately $1,400, down over 8% in the last 24 hours.
