A whale/institution has reduced its holdings by 9,010 ETH since yesterday's drop.

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According to @EmberCN, a whale/institutional investor who accumulated 86,000 ETH at an average price of $3,023 from June to August has reduced their holdings by 9,010 ETH ($34.05 million) since yesterday's early morning drop. They began taking profits on September 15th and have since transferred a total of 24,020 ETH ($103 million) to Binance at an average price of $4,282, realizing a profit of $30.24 million. They currently hold 61,981 ETH ($232 million).

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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