Markets· ★★★· bearish·

Dormant Ethereum whales move 56,000 ETH to exchanges in October

  • —Dormant ETH addresses sent over 56,000 coins to exchanges in October
  • —ETH trades near $2,316, down 2.6% in 24 hours
  • —On-chain trackers flagged more than 10 large transfers
Why it matters: The reactivation of long-dormant wallets adds selling pressure on ETH and points to possible profit-taking by early holders.
#ETH
Source: Coinotag
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