Ethereum whales make moves: Were key metrics impacted?

It’s worth noting that this particular whale had also previously transferred 12,000 ETH, equivalent to around $20 million, to Binance over 20 days ago. When combined with this recent transaction, the total amount of ETH moved by whales in the past 24 hours sums up to 14,000 ETH.As of the closing of trading on 18 September, the CryptoQuant exchange netflow metric showed a greater amount of

leaving exchanges compared to entering them. The netflow recorded at that time was approximately -25,873.Source: CryptoQuantAlso, examining the volume chart on Santiment showed that there had been a recent increase in trading volume following a period of decline. The press time trading volume was over $5 billion, following a peak of over $6 billion during the previous trading session.

The chart indicated that ETH concluded the previous trading session at approximately $1,637, marking an almost 1% price increase.

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