Ethereum Whale Abruptly Moves Over $145,000,000 in ETH – Here’s Where the Crypto Is Going

Ethereum Whale Abruptly Moves Over $145,000,000 in ETH – Here’s Where the Crypto Is Going


An Ethereum whale is suddenly moving hundreds of millions of dollars worth of ETH as the king altcoin flash signs of weakness.

According to data from whale-watching platform Whale Alert, the deep-pocketed investor transferred 100,000 ETH worth a staggering $145.62 million at time of writing from one anonymous wallet to another.

Whale Alert also finds that the tokens were moved on the morning of September 16th, just one day after the second largest crypto asset by market cap transitioned from a proof-of-work consensus mechanism to a proof-of-stake one, making the top altcoin more eco-friendly.

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Other notable Ethereum transfers by high-net-worth traders on Whale Alert’s radar include:

50,000 ETH worth $72.12 million transferred from crypto exchange platform Gemini to an unknown wallet. 35,000 ETH worth $50.87

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