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Wendyy_
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$ETH Ethereum OG Starts Unloading After 10x+ Run 🚨
An Ethereum OG who accumulated 154,076 $ETH at around $517 has begun heavily distributing to exchanges, signaling potential sell-side pressure.
Over the past 2 days, the wallet has deposited 40,251 $ETH, worth ~$124M, into Bitstamp.
The most recent transfer shows 26,000 $ETH moved just 9 hours ago, confirming the selling is active and ongoing, not a one-off test transaction.
These deposits typically precede spot or OTC sales.
Despite the large unload, the OG still holds ~26,000 $ETH, valued at ~$80M, meaning further distribution remains possible if market conditions weaken.
This wallet is still massively in profit even after selling.
Is this the start of a larger OG distribution phase — or just partial profit-taking near local highs? 🛑
Follow Wendy for more latest updates
#Ethereum #WhaleAlert #ETH
{future}(ETHUSDT)
An Ethereum OG who accumulated 154,076 $ETH at around $517 has begun heavily distributing to exchanges, signaling potential sell-side pressure.
Over the past 2 days, the wallet has deposited 40,251 $ETH, worth ~$124M, into Bitstamp.
The most recent transfer shows 26,000 $ETH moved just 9 hours ago, confirming the selling is active and ongoing, not a one-off test transaction.
These deposits typically precede spot or OTC sales.
Despite the large unload, the OG still holds ~26,000 $ETH, valued at ~$80M, meaning further distribution remains possible if market conditions weaken.
This wallet is still massively in profit even after selling.
Is this the start of a larger OG distribution phase — or just partial profit-taking near local highs? 🛑
Follow Wendy for more latest updates
#Ethereum #WhaleAlert #ETH
{future}(ETHUSDT)
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