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❕NEWS After New ATH, Ethereum (ETH) Whales Moved 330,000 ETH

aryan4

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According to Whale Alert, almost a dozen ETH transactions, both large and small, have been processed in the past twenty hours, and a total of 330,000 ETH have been transferred. These transfers came after ETH reached its all-time high of $ 1,752 about twenty-two hours ago.
What do you think may be the main reason for this mobility?
 

Niftyicon

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I also wonder at such movements. Could it be that they were moved for storing on a long term basis? Or some cashing out on their profits? I also want to know what impact such movement will be having on ETH.
 

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According to Whale Alert, almost a dozen ETH transactions, both large and small, have been processed in the past twenty hours, and a total of 330,000 ETH have been transferred. These transfers came after ETH reached its all-time high of $ 1,752 about twenty-two hours ago.
What do you think may be the main reason for this mobility?
The reason is best known to those whales themselves. Maybe they want to make some profit on their investment and if they price is down due to their activities, they buy again.
 

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Is it that they transferred the coin from the coin to another coin , or how was done i would like to know how and the effect of such transfer i think
 

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Is it that they transferred the coin from the coin to another coin , or how was done i would like to know how and the effect of such transfer i think
Is like they moved the coins from their decentralized wallets into exchanges and now l guess we all guessing they have sold them for their profit.
 

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Is like they moved the coins from their decentralized wallets into exchanges and now l guess we all guessing they have sold them for their profit.
Well they might just hold ,because if they sell off there would really be a huge fall in the price of crypto currency and it would affect the market
 

Rollerkid

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Well they might just hold ,because if they sell off there would really be a huge fall in the price of crypto currency and it would affect the market
Two days ago remember ethereum crashed to $1500, and that might be their action. That amount of etherum isn't too much to cause a heavy fall in etherum's price.
 

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Two days ago remember ethereum crashed to $1500, and that might be their action. That amount of etherum isn't too much to cause a heavy fall in etherum's price.
I Think it might react when people hear the information of people withdrawing ethereum , they would also want to panic sell and this would affect the price
 

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I Think it might react when people hear the information of people withdrawing ethereum , they would also want to panic sell and this would affect the price
Yeah, but since from that time until now nothing bad had affected ethereum price, l guess it wouldn't affect it again because the whales willing to sell might have finished selling.
 

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Well they might just hold ,because if they sell off there would really be a huge fall in the price of crypto currency and it would affect the market.
The price of Ethereum is still holding, so maybe it wasn't a dumping to get profits.

I would rather not sell, since it's possible Ethereum could go a lot farther than that even if it dips temporarily.
 

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Yeah, but since from that time until now nothing bad had affected ethereum price, l guess it wouldn't affect it again because the whales willing to sell might have finished selling.
I think most of them might have not finish selling because they always target high price , then they would start withdrawing to gain more i think
 

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I think most of them might have not finish selling because they always target high price , then they would start withdrawing to gain more i think
Sure I got your point. But if that will be the strategy it will be safe for the coin because they will be selling it gradually and market forces will be stabilizing the effects.
 

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According to Whale Alert, almost a dozen ETH transactions, both large and small, have been processed in the past twenty hours, and a total of 330,000 ETH have been transferred. These transfers came after ETH reached its all-time high of $ 1,752 about twenty-two hours ago.
What do you think may be the main reason for this mobility?
These movement is becoming inceeda t, just read about a huge one for ripple and now eth. I hope it for safety purpose not for money laundering. Too much movements lately
 
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