Categories: Market

Bustling ETH whales are shipping with 21 transactions valued at $ 1 billion

Whales moved over $ 1 billion in ETH in 21 separate transactions this week amid a widespread market correction.

Whale Alert notes that an undisclosed wallet sent Binance a whopping 99,990 ETH worth more than $ 343 million on Tuesday, the largest of any tracked transaction.

Other large transactions include 46,470 ETH worth over $ 159.4 million, 43,654 ETH worth over $ 151 million, and 43,074 ETH worth over $ 148.18 million, all transferring between unknown wallets will.

Here’s another round of notable whale trades over the past week, including some major moves to and from the exchanges.

ETH price had a memorable period that lasted from July 21st through all of August when price action was just bullish and most impressive was the daily green candle high of $ 4,500 on the national holiday of September 2nd. That boom comes along with the broader market led by the Bitcoin rally to nearly $ 53,000 before the slump was reversed.

At press time, ETH is recovering from the chaos with a return of 6% in the past 24 hours, pushing the price down to $ 3,476.

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Annie

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