
Early Ethereum holders sell 4,000 ETH from two wallets
- —Two long-dormant early-holder wallets moved a combined 4,000 ETH toward selling
- —The sales coincided with the largest daily net ETH exchange outflow in over four months
- —On-chain tracker Lookonchain reported the activity
Why it matters: Early-holder selling is often read as a price signal for ETH, though the exchange outflow may point to accumulation instead.
Source: Coinotag
More on this
Markets · Oct 16CryptoQuant: Ethereum selling pressure eases, but two bullish signals are still missing
Markets · Oct 9Spot Bitcoin ETFs Shed $729M in Two Sessions as Holders Exit at Breakeven
Markets · Oct 17Ethereum Fell 10% in October, but Social Sentiment Is Still Positive. Is the Crowd Too Early?