Ethereum Whale Sharpay $14.43M After Sell 3,280 ETH
One Ethereum whale run big sale for 3,280 ETH tokens dis week, make $14.43M profit after hold am for eight years. The whale first buy 3,865 ETH for Kraken at $13 each early 2017, turn $50K investment to 288 times return. On-chain analysis by @EmberCN for X follow dis ETH sale, show how blockchain transparency dey clear whale movements and market vibes. This kind big profit taking fit mean say liquidity and trader mind dey change. Dis event show say hold crypto long time, sabi manage risk well, plus use on-chain analytics fit help for better trading decisions.
Neutral
Dis sale show say one long-term holder dey take profit; even tho e big, 3,280 ETH na small part of total market liquidity and daily trading volume, so e no too fit cause long price fall. Tracking whale movement for on-chain dey help sense short-term change for market feeling, fit give small pressure down as traders dey expect more sales. But the whale plan to hold most of im stash till peak mean say e believe in Ethereum foundation well well, fit make long-term market outlook better. Historically, similar profit-takings by whales dey bring short market correction before market go up again, mean e get neutral effect for overall market momentum.