Recent significant Ethereum transactions have drawn the attention of analysts and investors.
Ethereum Transactions by Large Holders
A total of 92,873 ETH was transferred within 10 minutes. Whale Alert tracked three large transactions linked to major Ethereum holders.
Details of Major Transactions
The largest transaction recorded involved 40,000 ETH, valued at $101,926,554 at a market price of $2,548.16. The second transfer was initiated from the Binance exchange to an unknown wallet, totaling 32,873 ETH worth over $83.89 million. These movements may signal bullish sentiments in the market.
Current Market Situation for Ethereum
Ethereum is currently trading at $2,550.29, down 1.69% in the last 24 hours, after a drop from a peak of $2,635.19. A 30.55% drop in trading volume to $18.19 billion has also impacted Ethereum's price outlook.
The recent transactions by large Ethereum holders highlight market activity and raise interest in the future price movement of the asset.
