'Super Diamond Hand' ETH Whale Sells Ethereum Stash

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'Diamond Hand' Ethereum whale sells substantial ETH amount as Ethereum price lulls

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With the market boom earlier this year, which pushed Bitcoin to all-time highs of nearly $74,000 and ETH to highs above $4,000, the whale began to capitalize on the rising prices.According to lookonchain, it was not until March 2024, when the market began to shift into a bullish phase, that the whale started to sell off their holdings. Since entering the bull market in March, the whale has sold 55,000 ETH worth $176 million at $3,199.

 

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