Recent activity from prominent Ethereum whales has sparked debate about the future of the cryptocurrency. While one large holder dumped over 30,000 ETH worth around $47 million, another major player sent significant portions to exchanges, suggesting a potential selloff. This comes as analysts remain divided on whether Ethereum will continue its upward trajectory or experience a downturn. 30,000 ETH was transferred from an inactive wallet to Kraken, a platform known for having previously seen signs of selling pressure in May. Notably, the same wallet held significant Ethereum holdings at the time of the coin’s genesis, indicating potential long-term investment.