Two ETH Whales Offload $63 Million as Selling Pressure Builds

Ethereum Whales Unload 14,000 ETH at $2,346 — Can Buyers Absorb the Selling Pressure?

TL;DR 7 Siblings sold 14,000 ETH for $32.85 million at an average price of $2,346. Another whale sold 11,252 stETH and 1,824 ETH, converting roughly $30.78 million into USDT. ETH trades at $2,400, up 3.58% in 24 hours, while ETF inflows and exchange withdrawals support buyer demand. Ethereum whales are adding supply near a key resistance area, but spot demand and exchange outflows suggest buyers are still absorbing available ETH. The 14,000 ETH…

Ethereum whales sell 14,000 ETH at $2346 – Can buyers absorb it?

Ethereum whales intensified profit-taking after a two-day rally exceeding 20%, placing selling pressure against still-strong market demand.

Two ETH Whales Offload $63 Million as Selling Pressure Builds

Onchain trackers flagged two large ether sell-offs within hours of each other on August 21, as a popular whale known as ‘7 Siblings’ and a separate wallet dumped a combined $63 million in ETH and staked ETH. A 14,000 ETH Sale Blockchain analytics platform Lookonchain reported that the whale entity known as 7 Siblings sold […]

CoinStats - Ethereum News: 7 Siblings Sell ETH as SharpLi...

Ethereum News: ETh Launches $1M Challenge as ETH Whales Sell MillionsEthereum is seeing a mix of major technological developments, whale activity, institutional staking, and security concerns today. The Ethereum Foundation has launched its Better Codes challenge, offering participants a chance to compete for a share of the $1 million Proximity Prize to advance post-quantum research. Meanwhile, ETH whales are taking profits after the recent rally…