News and Analytics

0

**Ethereum Whale Profit-Taking Activity**

May 7, 2024

An individual with a substantial investment in Ethereum, known as a “whale,” appears to be capitalizing on their investments after a year of holding. Data from Lookonchain shows that this investor made significant profits from their Ether holdings, with a recent series of transactions indicating a change in strategy. The movements of funds, including withdrawal and redepositing, suggest that the whale is now focused on taking advantage of short-term price fluctuations. This shift in approach could have implications for the cryptocurrency market.

Comments

Latest analytics

Celestia: Revolution...

Celestia: Revolution in the World of Modular Blockchains

TON Wallets: a...

TON Wallets: a complete guide to use

Show more

Latest Dapp Articles

Show more

You may also like