The post ETH Whale Dumps $33.7M to Coinbase appeared first on Coinpedia Fintech News
Winslow Strong (@winslow_strong), director of the Qualia Research Institute, deposited 9,380 $ETH worth $33.7M to #Coinbase just 2 hours ago. Since ETH began rebounding in early November, Strong has unloaded most of his remaining ETH, totaling 14,233 $ETH worth $48.8M at an average price of $3,431. His moves reflect a profit-taking trend among whales as ETH builds momentum. Currently, the Ethereum price is trading at $3568 following the 2.15% drop last night. Will the profit-taking whales continue to slow down Ethereum’s rally in this bull market?