Crypto whales were on the move over the weekend as several large transactions worth over $350 million were spotted on the Ethereum (ETH) network.
First seen by blockchain-tracking service Whale Alert, a deep-pocketed Ethereum holder moved 120,874 ETH worth over $177.17 million from an unknown wallet to another unknown wallet.
Another Ethereum whale relocated 96,638 ETH worth over $141.81 million between two unidentified wallets about 45 minutes later.
? ? ? ? ? ? 96,638 #ETH (141,817,476 USD) transferred from unknown wallet to unknown wallethttps://t.co/NKfMeIqMVH
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— Whale Alert (@whale_alert) March 12, 2023
A mere moments later, a third whale sent 26,636 ETH worth more than $39 million to crypto exchange Coinbase, where the crypto could potentially be sold on the open market.
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