According to the onchain analytics firm Santiment, Ethereum large holders, namely shark and whale addresses having up to 1 million ETH, have dumped $4.2 billion worth of ETH, which is 3.3 million coins in the last five weeks. The Ethereum Merge occurred on Sept. 15, to the joy of the community.
🐳🦈 #Ethereum‘s shark & whale addresses (holding 100 to 1M $ETH) have dropped 3.3M $ETH in just the past 5 weeks. This equates to about $4.2B in dumped coins. The asset’s price vs. #Bitcoin…
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