$374 Million in ETH Moved in Mere Hours, What Are Whales Up To?

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Well, well, well… looks like Ethereum is still on a rollercoaster ride, folks! It’s leading the pack with the highest daily gains among the top ten cryptocurrencies, and you know what that means? The whales are making their moves, and we’re not talking about the big sea creatures—although I would love to see a whale crypto trading session. 🐋💰

In the latest thrilling episode of “What Are The Whales Up To?”, Whale Alert has been doing some deep sea diving and spotted some MASSIVE Ethereum transfers. Over 117,678 ETH was moved in less than four hours. That’s about $374 MILLION. Yes, you read that right. If you’re sitting down, now’s a good time. 😱

Now, as you might imagine, those gigantic transactions have got some folks scratching their heads. And when I say “folks,” I mean the kind of people who refresh their crypto portfolio like it’s the most important thing in their lives (and, honestly, it kinda is). 😅

So here’s the deal: this particular transaction saw a whale casually dump 40,000 ETH worth $127 million on Kraken. Oh, no big deal, just another day in the life of crypto whales. But is it a sell-off? A liquidity dance? Who knows! But hey, it definitely got the crypto crowd buzzing. 🧐

The plot thickens as 19,126 ETH, 31,775 ETH, and 26,777 ETH were moved around between Coinbase and Cumberland. I guess when you’ve got that much ETH, moving it around between exchanges is just a Tuesday. 🤷‍♀️

3,710,000 ETH in One Day—Talk About a Busy Day at the Office!

But here’s the kicker—while all this transfer madness was going on, Ethereum’s large transaction volume dropped by 5.87%. So, what’s happening? Are the whales taking a nap, or is the party winding down? Is the bull run over, or is this just the calm before the storm? The suspense is killing us! 💀

But wait—don’t despair just yet. Ethereum has been on a massive surge of 6.58% in the last 24 hours. As of now, it’s hanging out at $3,248, which is probably enough to make you feel like a crypto genius if you bought it a few weeks ago. 🤑

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2025-07-16 20:34