After a year of dormancy, a significant Ethereum whale has reemerged, creating ripples in the cryptocurrency market, with Lookonchain reporting this unexpected move. Contrasting Whale BehaviorsThis selling trend by a dormant whale contrasts sharply with the behaviours observed in other segments of the Ethereum whale community. Crypto analyst Ali highlighted a contrasting scenario where several of the largest Ethereum whales have been actively accumulating ETH. This divergence in strategies underscores the varied approaches and sentiments prevalent among significant investors in the Ethereum ecosystem. Read Also: XRP Ledger (XRPL) Hosts Phase 2 of Palau Stablecoin ProjectThe post Ethereum Whale Resurfaces, Initiates Major Sell-Off appeared first on CoinGape.

Source: The Nation December 16, 2023 22:33 UTC