Ethereum Whale Liquidates Over 50,000 ETH Amid Market Uncertainty

A substantial Ethereum holder, often referred to as a ‘whale,’ has recently taken action to reduce their holdings due to concerns surrounding market volatility. The whale began selling yesterday by offloading 15,000 ETH, followed by another major liquidation of 35,754 ETH within the last two hours at an average price of $1,793. This resulted in a total conversion of 64.128 million USDT. Including the earlier sale, the whale has now liquidated 50,754 ETH over the past 17 hours, accumulating a staggering 89.034 million USDT at an average price of $1,754.