Ethereum Whale Activity Drops Sharply: 63.8% Decrease Observed Since Late February

Cryptocurrency analyst @ali_charts has highlighted a noticeable decline in large Ethereum transactions. Data from BlockBeats shows that activity among ‘on-chain’ whales has significantly decreased since February 25th, with a 63.8% drop recorded. This suggests a decrease in the influence and trading volume of these prominent players within the Ethereum network.