Whale Transfers $113M Worth of ETH to Exchanges, Sparking Sell-Off Concerns

The transfer of over $112 million worth of Ethereum to major exchanges Coinbase and Kraken recently has raised concerns about potential selling pressure. According to Whale Alert, one anonymous wallet moved 22,157 ETH worth $34.5 million to Coinbase. Soon after, 50,000 ETH valued at $78.3 million was deposited to Kraken from a separate wallet. The The post Whale Transfers $113M Worth of ETH to Exchanges, Sparking Sell-Off Concerns appeared first on Coin Edition .