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Ethernet Foundation, Jump Trading, and 4 other addresses have cumulatively dumped 197,800 ETH, or about $599 million, over the past 1 month

Ethernet Foundation, Jump Trading, and 4 other addresses have cumulatively dumped 197,800 ETH, or about $599 million, over the past 1 month

Bitget2024/08/28 12:15

According to Spot On Chain's monitoring, ETH has fallen sharply twice in the past month (cumulative decline of 23.5%). Four addresses have sold 197,800 ETH, or $599 million, in the past month.

- Ethernet Foundation: sold 35,400 ETH (~$95 million), still holds 275,000 ETH (~$677 million).

- Jump Trading: sold 88,900 ETH (about $276 million), still holds 53,600 ETH (about $132 million).

- IC0 related whale “0xe17”: 48,500 ETH sold (approx. $154 million), 303,000 ETH still held (approx. $751 million).

- Long-term whale “0x682”: 25,000 ETH sold (about $73.9 million), 41,600 ETH still held (about $103 million).

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