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ETHEREUM investors have shown some disturbing trends recently, with many prominent names, such as Galaxy Digital, and get rid of large parts of ETH.
In this article, we will review the latest trends on this topic, including who sells and who buys.
Sales operations
Cryptopotato I have repeatedly reported in recent weeks about the large ETH sales by big investors, including Whales and Galaxy Digital. The latter, in fact, has begun to replace the ether property with Sol, which may be a more worrying trend.
These developments led to a decrease in the price to 1400 dollars earlier this month. ETH managed to recover some losses and rose to $ 1,800, allowing some investors only to benefit from the most favorable prices.
According to the data that Ali Martinez shared, the whales got rid of 262,000 ETH after the original price of recovery began. In terms of the United States, the value of this baked is about 445 million dollars.
Whales have benefited from the recent prices, as 262,000 were sold #ETHEREUM $ ETHAt a value of about $ 445 million. pic.twitter.com/sq0phazyfx
Ali (ali_charts) April 29, 2025
Galaxy Digital continued to deposit ETH to the central stock exchanges, which is generally made with a clear structure for sale. The last batch was to find its way to Coinbase for 23,900 ETH (worth $ 42.5 million), According to To look.
The analysis tool itself provided an update about the “cannot be chosen on ETH”, as they bought nearly 15,000 ETH at a price of $ 1801 and started selling after only 3 hours with a slight loss. During the next 24 hours, the whale has been unloaded.
These whales just sold 10,511 $ ETH(19.2 million dollars) at $ 1828 again.https://t.co/bdildi9wrd pic.twitter.com/zwp0jrxxty
– Lookonchain (@swearonchain) April 29, 2025
Some of them buy, though this
Regardless of the above -mentioned Habbiyah news, there are some reports that ethereum has turned itself, which can be supported by a 10 % increase in network activity. ETH ETFS also recorded several consecutive days of positive flows.
In addition, Lokonchain reported that a Cumberland wallet has withdrawn more than $ 50 million of copper, Coinbase, and Binance within a short period. The team decided that “whales/institutions accumulate eth” after this publication.
Whales/institutions seem to accumulate $ ETH!
Over the past three hours, a wallet linked to #Cumberland It was withdrawn 27632 $ ETH(50.24 million dollars) from #copperand #And #Coinbase.https://t.co/2cntrupick pic.twitter.com/fk0a68w1vt
– Lookonchain (@swearonchain) April 29, 2025
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