ETH Long Institutions Continue to Accumulate While Ancient Whales Sell Off Thousands of ETH
Odaily Planet Daily News According to monitoring by @ai_9684xtpa, two major entities closely linked to ETH have recently made new moves:
1: Trend Research (@Trend_Research_), associated with LD Capital, withdrew 1,197 ETH from a CEX three hours ago. This address now holds a total of 140,701 ETH on-chain, valued at approximately $356 million at current prices.
2: An ancient whale address that participated in the ETH ICO in 2015, with a cost basis of just $0.31, continues to reduce its holdings: two hours ago, it sold another 1,000 WETH, cashing out about $1.05 million. The address still holds 32,864 ETH, with a notional value of around $83 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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