Whale Sells $89.9M ETH
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major Ethereum whaleCoinGape
•Business
Business & Economics
Ethereum Whales Dump 40K Coins, More ETH Price Pain Ahead?

62% Informative
A major ETH whale from Genesis Trading has liquidated 40,000 ETH worth $89.9 million over the past two days .
The unrealized profit ratio for ETH whales has dropped to levels of bear market.
Rising exchange deposits of over 60,000ETH in two weeks signal growing selling pressure.
Analyst Benjamin Cowen highlights similarities between ETH ’s current price action and its 2019 amid Fed tightening.
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