Ethereum

Shift

Coin

<ul class="news-points"> 
 <li><strong>Whale Alert shared that multiple whales have transferred ETH tokens to exchanges over the past day.</strong></li> 
 <li><strong>ETH’s price dropped by 0.45% in 24 hours, which left it trading hands at $1,642.19 at press time.</strong></li> 
 <li><strong>Technicals suggest ETH’s price is in danger of dropping even further in the coming week.</strong></li> 
</ul> 
<p><a href="https://coinedition.com/tag/ethereum-eth/" rel="noopener noreferrer nofollow">Ethereum (ETH)</a> investors should look out for a possible price dump as multiple whales have transferred ETH tokens to exchanges over the past day. According to a Twitter post shared by the whale tracking dashboard, Whale Alert, a whale transferred 21,299 ETH tokens, worth about $35,295,226, from an unknown wallet to Coinbase yesterday.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> 21,299 <a href="https://twitter.com/hashtag/ETH?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#ETH</a> (35,295,226 USD) transferred from unknown wallet to <a href="https://twitter.com/hashtag/Coinbase?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Coinbase</a><a href="https://t.co/o6xCLaMXUT" target="_blank" rel="noopener noreferrer nofollow">https://t.co/o6xCLaMXUT</a></p>— Whale Alert (@whale_alert) <a href="https://twitter.com/whale_alert/status/1695915413438128579?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 27, 2023</a> 
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<p>After the first transfer, another whale decided to follow suit. Whale Alert shared in a second tweet earlier today that a whale transferred 24,000 ETH from an unknown wallet to OKX. The transferred ETH was worth approximately $39,618,881.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> 24,000 <a href="https://twitter.com/hashtag/ETH?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#ETH</a> (39,618,881 USD) transferred from unknown wallet to <a href="https://twitter.com/hashtag/OKEx?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#OKEx</a><a href="https://t.co/CtiJ2L0AkI" target="_blank" rel="noopener noreferrer nofollow">https://t.co/CtiJ2L0AkI</a></p>— Whale Alert (@whale_alert) <a href="https://twitter.com/whale_alert/status/1696003598788747612?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 28, 2023</a> 
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<p>Over the past…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/eth-whales-shift-funds-to-exchanges-a-price-dump-in-the-cards/">ETH Whales Shift Funds to Exchanges: A Price Dump in the Cards?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

ETH Whales Shift Funds to Exchanges: A Price Dump in the Cards?

Coin Edition

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