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ETH Whale Cashes Out Nearly $29M Across Six Wallets😡😡.
A sizeable Ethereum sell-off just showed up on-chain. About 5 hours ago, a whale liquidated 13,739 $ETH , worth roughly $28.96 million, distributing the sales across six different wallets.
The addresses involved were:👇
0x1C09fBd0b55A1E17Fb2D1c88C2DE00E6d7498cF0
0x7D4d055d5f168a2d5f108589f41a79cD99D76F35
0x052E902A48dECa5a8D06E16652fE76E2a9de5100
0x23DbE850e79A4476Fde4489634caB21571442b0c
0x000Dc5e6052b290DF658898fa11F11A6CBFA7850
0xEC218d3d34bC6a73943347dD91FA3C3f45b388C6
Splitting the sales across multiple wallets like this is a fairly common tactic .... sometimes used to reduce market impact, sometimes simply because the assets were already distributed that way.
The move stands out because over the past few days many whales have been accumulating #ETH and withdrawing from exchanges, while this trader appears to be doing the opposite: offloading a large stack.
Whether it’s profit-taking, portfolio rebalancing, or positioning for volatility, it’s another reminder that even while some whales are stacking ETH… others are quietly heading for the exit.