Ethereum Whales Dumped Over $8.5 Billion Worth of $ETH Amid Crypto Market Slump

As cryptocurrency markets keep shedding the gains seen from a rally earlier this year, Ethereum’s largest holders, colloquially known as whales, have been divesting of their holdings, having already redistributed over 5 million $ETH worth over $8.5 billion. According to data from on-chain analytics firm Santiment, shared by popular cryptocurrency analyst Ali Martinez, Ethereum whales