Ethereum Whales Move $500M Across 13 Trades

The roller coaster ride of the crypto market prompted whales to transfer over $500 million in Ethereum in 13 unrelated trades on Tuesday and Wednesday of this week, The Daily Hodl reported on Thursday (Aug. 26).

Whales — individuals or entities holding a large amount of a particular cryptocurrency — are taking advantage of a market upswing and unloading an enormous amount of Ethereum to unknown wallets, according to the report.

Ethereum, a blockchain platform with its own cryptocurrency,…


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