An Ethereum whale sold 33,585 staked ETH (~$85 million), likely as a strategic portfolio rebalance, not panic selling.
The whale still holds around 100,000 ETH (~$260 million), with much still staked, indicating a potential rebalancing of the portfolio rather than a loss of confidence in ETH’s future potential.
Mega whale holdings hit a 5-year high, growing 9.31% in nine months, reflecting growing long-term institutional interest in Ethereum.
Institutional interest in Ethereum continues to rise with aggressive acquisitions by entities like Cumberland, further reinforcing optimism about Ethereum's future potential.